Definition of warranty :
1. 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.
2. 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.
3. Justificatory mandate or precept; authority; warrant.
4. Security; warrant; guaranty.
5. To warrant; to guarantee.
stock-purchase warrant, obligation, deal, buyer's market, aftermarket, detail, stock warrant, guaranty, customer care, countenance, credit rating, call, cold call, covenant, warrantee, surety, cross-selling, warrant, churn rate, indorsement, imprimatur, direct marketing, written guaranty
affirmation (part of speech: noun)
certification, proclamation, submission, ratification, validation, avowal, assertion, oath, statement, acknowledgment, testimony, corroboration, pledge, confirmation, affirmation, promise, assurance, sanction, endorsement, attestation, declaration, verification, approval, admission, pronouncement
guarantee (part of speech: noun)
- I can find no warranty for believing in the distinct creation of a score of successive species of crocodiles in the course of countless ages of time. - "Autobiography and Selected Essays", Thomas Henry Huxley.
- Alarm seized even the Chamber of Deputies: it hastened to become the organ of the uneasiness of the people, and to remind the King of the warranty which he had given to the nation. - "Memoirs of the Private Life, Return, and Reign of Napoleon in 1815, Vol. I", Pierre Antoine Edouard Fleury de Chaboulon.
- It sometimes happens that the force first appointed, is to accompany the ships only for a part of their voyage, and to be succeeded by another; at other times a small force is detached from the main body to bring up to a particular point; if a vessel sail under the protection of a vessel thus appointed or detached, the warranty is satisfied. - "The Laws Of War, Affecting Commerce And Shipping", H. Byerley Thomson.