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Anonymous Posted 15 years ago
Vocabulary

Guarantee Vs Warranty

What is the difference between guarantee and warranty?
  

Top answer

Here is a pair of definitions directed at consumers which indicates that a warranty is a kind of guarantee : A guarantee is a promise made by a seller to a buyer that the item / service / product sold is of the best and freshest condition and in the event that there is no satisfaction or when the said item / service / product did not live up to its promise, the seller agrees to replace it or refund the buyer’s money. A warranty , however, works like an insurance policy and works like a legal contract. A warranty is a guarantee of repair and replacement of an item / product or its parts should it not meet the expectations of the buyer or should it break down and malfunction at any time during the warranty period.

  • Here is a pair of definitions directed at consumers which indicates that a warranty is a kind of guarantee : A guarantee is a promise made by a seller to a buyer that the item / service / product sold is of the best and freshest condition and in the event that there is no satisfaction or when the said item / service / product did not live up to its promise, the seller agrees to replace it or refund the buyer’s money.
  • A warranty , however, works like an insurance policy and works like a legal contract.
  • A warranty is a guarantee of repair and replacement of an item / product or its parts should it not meet the expectations of the buyer or should it break down and malfunction at any time during the warranty period.
  • Here's another similar differentiation : Guarantee - a promise or assurance, esp.
  • , or that it will perform satisfactorily for a given length of time: a money-back guarantee.
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1 Answers
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Here is a pair of definitions directed at consumers which indicates that a warranty is a kind of guarantee:

A guarantee is a promise made by a seller to a buyer that the item / service / product sold is of the best and freshest condition and in the event that there is no satisfaction or when the said item / service / product did not live up

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