warranty contract

  • 11Warranty — In commercial and consumer transactions, a warranty is an obligation or guarantee that an article or service sold is as factually stated or legally implied by the seller, and that often provides for a specific remedy such as repair or replacement …

    Wikipedia

  • 12warranty — 1) A statement made clearly in a contract (express warranty) or, if not stated clearly, understood between the parties to the contract (implied warranty). An unfulfilled warranty does not invalidate the contract (as it would in the case of an… …

    Big dictionary of business and management

  • 13warranty — A guarantee by a seller to a buyer that if a product requires repair or remedy of a problem within a certain period after its purchase, the seller will repair the problem at no cost to the buyer. Bloomberg Financial Dictionary * * * warranty… …

    Financial and business terms

  • 14warranty — n. /wawr euhn tee, wor /; v. /wawr euhn tee , wor /, n., pl. warranties, v., warrantied, warrantying. n. 1. an act or an instance of warranting; assurance; authorization; warrant. 2. Law. a. a stipulation, explicit or implied, in assurance of… …

    Universalium

  • 15warranty — An agreement to be responsible for all damages that arise from the falsity of a statement or assurance of a fact. Holcomb & H. Mfg. Co. v Auto Inter Urban Co. 140 Wash 581, 250 P 34, 51 ALR 39. An express or implied statement of something… …

    Ballentine's law dictionary

  • 16warranty of title — An implied warranty on the part of the seller in a sale or contract to sell personal property that he has, or will have at the time when property is to pass, the right to sell the goods; that the buyer shall enjoy quiet possession as against any… …

    Ballentine's law dictionary

  • 17warranty — 1. noun a) Security; warrant; guarantee. The stamp was a warranty of the public. . b) An engagement or undertaking, expressed or implied, that a certain fact regarding the subject of a contract is, or shall be, as it is expressly implied or… …

    Wiktionary

  • 18Warranty contracts —   Gas purchase agreements for the sale of natural gas by a producer to a pipeline company wherein the producer warrants it will have available sufficient gas supplies to meet its commitments over the life of the contract. Generally, the producer… …

    Energy terms

  • 19warranty — war•ran•ty n. [[t]ˈwɔr ən ti, ˈwɒr [/t]] v. [[t]ˌwɔr ənˈti, ˌwɒr [/t]] n. pl. ties, 1) bus a written guarantee given to the purchaser of a new appliance, automobile, or other item by the manufacturer or dealer, usu. specifying that the… …

    From formal English to slang

  • 20warranty — / wɒrənti/ noun 1. a legal document which promises that a machine will work properly or that an item is of good quality ● The car is sold with a twelve month warranty. ● The warranty covers spare parts but not labour costs. 2. a promise in a… …

    Dictionary of banking and finance