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2016-03-30T06:17:52+05:30

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Guarantee


"a formal assurance that certain conditions will be fulfilled, especially that a product will be of a specified quality"


Warranty


"A written guarantee promising to repair or replace an object if necessary within a specified period." 


A warranty is a type of guarantee; in the case of a product guarantee/product warranty, it's basically the same thing 


- the company undertakes to repair or replace your goods if they go wrong. 


Guarantee can also be used to express


"I promise, this plane will fly."


"I guarantee you, this plane will fly."

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2016-03-30T10:15:47+05:30

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What is the difference between warranty and guarantee?October 7, 2015 by: Dictionary.com 3 Comments

A warranty is a promise or guarantee given. A warranty is usually a written guarantee for a product and declares the maker’s responsibility to repair or replace a defective product or its parts. A guarantee is an agreement assuming responsibility to perform, execute, or complete something and offering security for that agreement.

It is a promise or an assurance, especially one given in writing, that attests to the quality or durability of a product or service, or a pledge that something will be performed in a specified manner. A guaranty is an undertaking or promise that is the answer to or payment for a debt or default. A guaranty is also something given or held as security until a debt is paid or the performance of a duty is fulfilled. By the way, warrantee is the person to whom a warranty is made and guarantee is one who makes a guaranty.

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