Definition, Meaning & Synonyms
warranties
noun
/ˈwɔːrəntiːz/
Definition
Warranties are guarantees provided by a manufacturer or seller concerning the condition of a product, usually promising repairs or replacements if the product fails or does not meet certain specifications.
Examples
- The car came with a three-year warranty that covers most repairs.
- When buying electronics, always check the warranty for coverage details.
- The warranty on my laptop was very helpful when it had hardware issues.
Meaning
A warranty is essentially a commitment that a company’s product will perform as expected or will be repaired or replaced if it does not. It assures the buyer that the company stands behind its product.
Synonyms
- Guarantees
- Promissory notes
- Assurances