Warranty vs. Guarantee
A warrantee is termed as surety in a written form which is referred to as a written guarantee. This is for the purchaser that if the product requires repair within the given time then they will provide their services (the manufacturer). While on the other hand guarantee is to provide surety or security regarding certain agreements. Warranty is legal contract and guarantee can be both legal and informal. So basically warrantee is a promise and guarantee can be termed as assurance. The promise and the assurance is regarding the condition, quality and maintenance of the product which is bought by the buyer and this promise can be in written form or can be done verbally. Furthermore, both can be legal i.e. would have specific laws related to the transaction of the product. Similarly, we see that nearly every product has warrantees and guarantees about meeting the specific requirements related to that particular product. There is also a warranty regarding the defects in the products and the materials bought and they usually have a limited warranty which is restricted to certain days. Additionally there is a warranty for merchandise and for the fitness for specific goods. Furthermore, guarantee is also a contract between 2 or more than 2 parties and is a valuable agreement. And guarantee can be made or applied even if you don’t have a warranty. Similarly, warranty can be given with guarantee. When a person claims his warranty then it is necessary for the seller to act accordingly. Also there is warranty data which actually contains the supplementary data and different claims. Warranty can be of many types like car warranty which usually are for 5 years, home warranty which is related to the costs of the appliances at home example when we have a problem with the furnace, technician or with any other appliances them the company who has offered the warranty pays for all the services.
Key Differences
Guarantee can also be a promise; warranty can be a type of guarantee.
A warrantee is termed as surety in a written form which is referred to as a written guarantee; guarantee is to provide surety or security regarding certain agreements.
Warrant is a promise; guarantee is assurance.
Comparison Chart
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Termed as surety in a written form which is referred to as a written guarantee
To provide surety or security regarding certain agreements
Synonym
Promise
Assurance
Format
Always written
Not always written
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Warranty and Guarantee Definitions
Warranty
A representation, especially in writing, made by a seller or company to a purchaser of a product or service that a refund, repair, or replacement will be made if the product or service proves defective or unsatisfactory, especially within a given time period.
Guarantee
Something that assures a particular outcome or condition
Lack of interest is a guarantee of failure.
Warranty
An assurance by the seller of property that the goods or property are as represented or will be as promised.
Guarantee
A promise or assurance, especially one given in writing, that attests to the quality or durability of a product or service.
Warranty
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.
Guarantee
A pledge that something will be performed in a specified manner.
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Warranty
A covenant by which the seller of land binds that seller and the seller's heirs to defend the security of the estate conveyed.
Guarantee
A guarantor.
Warranty
A judicial writ; a warrant.
Guarantee
A guaranty.
Warranty
Justification or valid grounds for an act or a course of action
“That he has imitated at all ... is sufficient warranty for placing him among the men of talent rather than among the men of genius” (Edgar Allan Poe).
Guarantee
To assume responsibility for the debt, default, or miscarriage of.
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Warranty
To provide a warranty for.
Guarantee
To assume responsibility for the quality or performance of
Guarantee a product.
Warranty
(countable) A guarantee that a certain outcome or obligation will be fulfilled; security.
Guarantee
To undertake to do, accomplish, or ensure (something) for another
Guaranteed to free the captives.
Guarantees freedom of speech.
Warranty
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.
Guarantee
To make certain
The rain guarantees a good crop this year.
Warranty
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.
Guarantee
To guaranty.
Warranty
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.
Guarantee
To furnish security for.
Warranty
(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.
I took out an extended warranty on my television for five years at a cost of $100.
I made sure to check the terms of my warranty for my computer to ensure I was covered in case it broke down.
It's always a good idea to get a good warranty on anything you buy that you think may break down.
Guarantee
To express or declare with conviction
I guarantee that you'll like this book.
Warranty
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.
Guarantee
Anything that assures a certain outcome.
Can you give me a guarantee that he will be fit for the match?
Warranty
Justification or mandate to do something, especially in terms of one’s personal conduct.
Guarantee
A legal assurance of something, e.g. a security for the fulfillment of an obligation.
Warranty
To warrant; to guarantee.
Guarantee
More specifically, a written declaration that a certain product will be fit for a purpose and work correctly; a warranty
The cooker comes with a five-year guarantee.
Warranty
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.
Guarantee
The person to whom a guarantee is made.
Warranty
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.
Guarantee
(colloquial) A person who gives such a guarantee; a guarantor.
Warranty
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.
Guarantee
To give an assurance that something will be done right.
Warranty
Justificatory mandate or precept; authority; warrant.
If they disobey precept, that is no excuse to us, nor gives us any warranty . . . to disobey likewise.
Guarantee
To assume or take responsibility for a debt or other obligation.
Warranty
Security; warrant; guaranty.
The stamp was a warranty of the public.
Guarantee
To make something certain.
The long sunny days guarantee a good crop.
Warranty
To warrant; to guarantee.
Guarantee
In law and common usage: A promise to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance; an engagement which secures or insures another against a contingency; a warranty; a security. Same as Guaranty.
His interest seemed to be a guarantee for his zeal.
Warranty
A written assurance that some product or service will be provided or will meet certain specifications
Guarantee
One who binds himself to see an undertaking of another performed; a guarantor.
Guarantee
The person to whom a guaranty is made; - the correlative of guarantor.
Guarantee
In law and common usage: to undertake or engage for the payment of (a debt) or the performance of (a duty) by another person; to undertake to secure (a possession, right, claim, etc.) to another against a specified contingency, or in all events; to give a guarantee concerning; to engage, assure, or secure as a thing that may be depended on; to warrant; as, to guarantee the execution of a treaty.
The United States shall guarantee to every State in this Union a republican form of government.
Guarantee
A written assurance that some product or service will be provided or will meet certain specifications
Guarantee
A pledge that something will happen or that something is true;
There is no guarantee that they are not lying
Guarantee
A collateral agreement to answer for the debt of another in case that person defaults
Guarantee
Give surety or assume responsibility;
I vouch for the quality of my products
Guarantee
Make certain of;
This nest egg will ensure a nice retirement for us
Preparation will guarantee success!
Guarantee
Promise to do or accomplish;
Guarantee to free the prisoners
Guarantee
Stand behind and guarantee the quality, accuracy, or condition of;
The dealer warrants all the cars he sells
I warrant this information
Definition of Warranty
A warranty is term as surety in a written form which is referred to as a written guarantee. It is always a legal contract. There is implied warranty which is an unwritten promise depending on the type of the transaction made. Moreover there is warranty of a merchandise and also warranty regarding the fitness for particular resolution. Mostly we see warranty on goods regarding the defects in certain goods and if we find a defect we claim our warranty, so there are limited warranties which are restricted to certain days. But on the other hand there are also lifetime warranties. If there is a breach of warranty then the buyers can sue the company. Warranty can be of many types like car warranty which usually are for 5 years, home warranty which is related to the costs of the appliances at home example when we have a problem with the furnace, technician or with any other appliances them the company who has offered the warranty pays for all the services. There is also warranty data which actually contains the supplementary data and different claims. Where the claim data consists of all the records of claims made by the buyer and the supplementary data is related to the data related to the marketing and production.
Definition of Guarantee
The word guarantee is an old French form which means ‘warrant’ also from the Germanic word which is ‘wahren’. Guarantee is to provide surety or security regarding certain agreements. Also warranty is a type of guarantee. The surety can be between two parties or even a group. Guarantee is also a contract between 2 or more than 2 parties and is a valuable agreement. And guarantee can be made or applied even if you don’t have a warranty. As guarantee is also considered as a contract so it has different meanings in different countries like in England there is collateral contract, in US there is difference between the two terms ‘surety’ and ‘guarantor’, in India the guarantee can be oral or written, in Sri Lanka, Australia and Jamaica the guarantee requires to be written. Similarly there are different civil laws and codes regarding guarantee in different countries. The term guarantee is also linked with liability which comprise of different terms and conditions.
