Warranty
Warranty War"rant*y, n.; pl. {Warranties}. [OF. warantie, F. garantie. See {Warrant}, n., and cf. {Guaranty}.] [1913 Webster] 1. (Anc. Law) 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. [1913 Webster]

2. (Modern Law) 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. [1913 Webster]

3. (Insurance Law) 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. [1913 Webster]

4. Justificatory mandate or precept; authority; warrant. [R.] --Shak. [1913 Webster]

If they disobey precept, that is no excuse to us, nor gives us any warranty . . . to disobey likewise. --Kettlewe??. [1913 Webster]

5. Security; warrant; guaranty. [1913 Webster]

The stamp was a warranty of the public. --Locke. [1913 Webster]

Syn: See {Guarantee}. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Synonyms:

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  • warranty — war·ran·ty / wȯr ən tē, wär / n pl ties [modification (influenced by warrant ) of Anglo French garantie, from garantir to protect, warrant] 1: a promise in a deed that gives the grantee of an estate recourse (as through an action for damages)… …   Law dictionary

  • warranty — [wôr′ən tē, wär′ən tē] n. pl. warranties [ME warantie < NormFr (OFr garantie): see WARRANT] 1. official authorization or sanction 2. justification; reasonable grounds, as for an opinion or action 3. Law a guarantee; specif., a) a guarantee or… …   English World dictionary

  • Warranty — War rant*y, v. t. To warrant; to guarantee. [1913 Webster] …   The Collaborative International Dictionary of English

  • Warranty — (spr. Uarränti), die Bedingungen, unter welchen englische u. amerikanische Assecuranzen abgeschlossen werden …   Pierer's Universal-Lexikon

  • warranty — mid 14c., legal term for various types of clauses in real estate transactions, from Anglo Fr. and O.N.Fr. warantie (O.Fr. guarantie), from warant (see WARRANT (Cf. warrant) (n.)) …   Etymology dictionary

  • warranty — [n] promise assurance, bail, bond, certificate, contract, covenant, guarantee, guaranty, pledge, security, surety, written promise; concepts 684,685 Ant. breach, break …   New thesaurus

  • warranty — ► NOUN (pl. warranties) 1) a written guarantee promising to repair or replace an article if necessary within a specified period. 2) an engagement by an insured party that certain statements are true or that certain conditions shall be fulfilled …   English terms dictionary

  • Warranty — 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

  • warranty — A promise that a proposition of fact is true. The Fred Smartley, Jr., C.A.Va., 108 F.2d 603, 606. An assurance by one party to agreement of existence of fact upon which other party may rely. It is intended precisely to relieve promisee of any… …   Black's law dictionary

  • warranty — 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

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