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warranty

n. · v.
US //ˈwɔɹənti// UK //wˈɒɹənti// war·ran·ty
  1. 1 product guarantee (n.)
    B2 Upper Intermediate

    a written promise from a company to fix or replace something you bought if it breaks or has a problem.

    a written guarantee issued to the purchaser of an article by its manufacturer, promising to repair or replace it if necessary within a specified period.

    Example

    The television is still under warranty, so the shop will fix the screen for free.

    Example

    The manufacturer's warranty covers all mechanical defects for the first three years, though it specifically excludes damage resulting from accidental drops or water exposure.

    Usage

    often used with the prepositions 'under' or 'on'.

  2. 2 legal promise (n.)
    C1 Advanced Formal Technical Law

    a formal promise in a contract that something is true or will be done.

    a contractual promise or stipulation that certain facts are as they are represented to be, the breach of which may give rise to a claim for damages.

    Example

    The seller provided a warranty that the property was free of any hidden debts.

    Example

    The merger agreement included a comprehensive set of warranties regarding the company's intellectual property rights and outstanding tax liabilities.

    Usage

    frequently appears in the phrase 'representations and warranties'.

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  1. 3 insurance condition (n.)
    C2 Proficiency Formal Technical Law

    a promise made by a person getting insurance that the information they give is 100% true.

    a condition in an insurance policy that must be strictly complied with by the insured, otherwise the insurer may be entitled to void the contract.

    Example

    If you break a warranty in your insurance policy, the company might not pay your claim.

    Example

    The policy contained a strict warranty that the vessel would not enter certain high-risk waters during the winter months.

  2. 4 to guarantee (v.)
    C1 Advanced Formal

    to give a formal promise that something is of good quality or that you will fix it.

    to provide a formal assurance or guarantee for a product or a statement of fact.

    Example

    The company warranties all of its hand-made tools for life.

    Example

    The contractor refused to warranty the work unless the client agreed to use the specific high-grade materials recommended in the original bid.

Origin

From Middle English warantye, warantie, from Anglo-Norman warrantie, an Old Northern French variant of Old French guarantie (Modern French garantie). Doublet of guarantee and guaranty. More at warrant.

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