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English definition of “warranty”

warranty

noun [C or U]     /ˈwɒrənti/ (plural warranties) COMMERCE, LAW
a written promise from a company or a person to repair or replace a product that you buy from them if it develops a fault within a fixed period of time: under warranty The laptop can be repaired for free if it's still under warranty. a manufacturer's/one-year warranty warranty claim/period/terms → See also breach of warranty, extended warranty, implied warranty
(Definition of warranty noun from the Cambridge Business English Dictionary © Cambridge University Press)
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