WARRANTY

guarantee, warrant, warrantee, warranty

(noun) a written assurance that some product or service will be provided or will meet certain specifications

Source: WordNet® 3.1

Etymology

Noun

warranty (countable and uncountable, plural warranties)

(countable) A guarantee that a certain outcome or obligation will be fulfilled; security.

(countable, law, real estate, obsolete) An obsolete legal agreement that was a real covenant and ran with the land, whereby the grantor and his heirs of a piece of real estate held in freehold were required to officially guarantee their claim and plead one’s case for the title. If evicted by someone with a superior claim (paramount title) they were also required to hand over other real estate of equal value in recompense. It has now been replaced by personal covenants and the covenant of warranty.

(law, countable, real estate) A covenant, also called the covenant of warranty, whereby the grantor assures the grantee that he or she not be subject to the claims of someone with a paramount title, thereby guaranteeing the status of the title that is being conveyed.

(countable, law) A legal agreement, either written or oral (an expressed warranty) or implied through the actions of the buyer and seller (an implied warranty), which states that the goods or property in question will be in exactly the same state as promised, such as in a sale of an item or piece of real estate.

(countable) A written guarantee, usually over a fixed period, provided to someone who buys a product or item, which states that repairs will be provided free of charge in case of damage or a fault.

(countable, insurance law) A stipulation of an insurance policy made by an insuree, guaranteeing that the facts of the policy are true and the insurance risk is as stated, which if not fulfilled renders the policy void.

(uncountable, rare) Justification or mandate to do something, especially in terms of one’s personal conduct.

Verb

warranty (third-person singular simple present warranties, present participle warrantying, simple past and past participle warrantied)

To warrant; to guarantee.

Source: Wiktionary

War"rant*y, n.; pl. Warranties. Etym: [OF. warantie, F. garantie. See Warrant, n., and cf. Guaranty.]

1. (Anc. Law)

Definition: A covenant real, whereby the grantor of an estate of freehold and his heirs were bound to warrant and defend the title, and, in case of eviction by title paramount, to yield other lands of equal value in recompense. This warranty has long singe become obsolete, and its place supplied by personal covenants for title. Among these is the covenant of warranty, which runs with the land, and is in the nature of a real covenant. Kent.

2. (Modern Law)

Definition: An engagement or undertaking, express or implied, that a certain fact regarding the subject of a contract is, or shall be, as it is expressly or impliedly declared or promised to be. In sales of goods by persons in possession, there is an implied warranty of title, but, as to the quality of goods, the rule of every sale is, Caveat emptor. Chitty. Bouvier.

3. (Insurance Law)

Definition: A stipulation or engagement by a party insured, that certain things, relating to the subject of insurance, or affecting the risk, exist, or shall exist, or have been done, or shall be done. These warranties, when express, should appear in the policy; but there are certain implied warranties. Bouvier.

4. Justificatory mandate or precept; authority; warrant. [R.] Shak. If they disobey precept, that is no excuse to us, nor gives us any warranty . . . to disobey likewise. Kettlewe

5. Security; warrant; guaranty. The stamp was a warranty of the public. Locke.

Syn.

– See Guarantee.

War"rant*y, v. t.

Definition: To warrant; to guarantee.

Source: Webster’s Unabridged Dictionary 1913 Edition

WARRANTY

Etymology

Noun

Verb

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