war·ran·ty
(wôr
n-t
, w
r
-)
KEY
NOUN:
pl.
war·ran·ties
- Official authorization, sanction, or warrant.
- Justification or valid grounds for an act or a course of action.
-
Law
- An assurance by the seller of property that the goods or property are as represented or will be as promised.
- The insured's guarantee that the facts are as stated in reference to an insurance risk or that specified conditions will be fulfilled to keep the contract effective.
- A covenant by which the seller of land binds himself or herself and his or her heirs to defend the security of the estate conveyed.
- A judicial writ; a warrant.
- A guarantee given to the purchaser by a company stating that a product is reliable and free from known defects and that the seller will, without charge, repair or replace defective parts within a given time limit and under certain conditions.
ETYMOLOGY:
Middle English
warantie, from Old North French, from feminine past participle of
warantir,
to guarantee, from
warant,
warrant; see
wer-
4 in Indo-European roots
