limited warranty

  

Definition

Written statement that specifies under what conditions, to what extent, and for how long the manufacturer of an item guarantees that it will work as claimed. If a defect or malfunction occurs, such warranties are usually limited to the repair or replacement of the item and do not include any compensation for any loss arising.

Use limited warranty in a sentence

Related Videos




http://www.businessdictionary.com/definition/limited-warranty.html

Have a question about limited warranty? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z