Limited Warranty

Marketing dictionary

Limited Warranty

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.

Back to previous
Rate this term

Search

Browse A-Z

Select a letter to find terms listed alphabetically.