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1) "Limited" -- As to limited warranty 2limit
Function: transitive verb
1 : to assign certain limits to : PRESCRIBE <reserved the right to limit use of the land>
2 a : to restrict the bounds or limits of <the specialist can no longer limit himself to his specialty> b : to curtail or reduce in quantity or extent <we must limit the power of aggressors>
- lim·it·able /-m&-t&-b&l/ adjective
- lim·it·er noun
synonyms LIMIT, RESTRICT, CIRCUMSCRIBE, CONFINE mean to set bounds for. LIMIT implies setting a point or line (as in time, space, speed, or degree) beyond which something cannot or is not permitted to go <visits are limited to 30 minutes>. RESTRICT suggests a narrowing or tightening or restraining within or as if within an encircling boundary <laws intended to restrict the freedom of the press>. CIRCUMSCRIBE stresses a restriction on all sides and by clearly defined boundaries <the work of the investigating committee was carefully circumscribed>. CONFINE suggests severe restraint and a resulting cramping, fettering, or hampering <our choices were confined by finances>. Pronunciation Symbols
Limited can refer to: - A private company limited by shares, a specific kind of limited company in Commonwealth of Nations commercial law; often used as a suffix (Mycompany, Limited or Mycompany, Ltd.); formerly used for all limited companies.
- A limited company in general, in other jurisdictions
- The Limited, a women's retail fashion store
- Limited Brands, the umbrella brand of The Limited, Victoria's Secret and other stores
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2) "Warranty" -- As to limited warranty war·ran·ty
Pronunciation: 'wor-&n-tE, 'wär-
Function: noun
Inflected Form(s): plural -ties
Etymology: Middle English warantie, from Anglo-French warantie, garantie, from warentir to warrant
1 a : a real covenant binding the grantor of an estate and the grantor's heirs to warrant and defend the title b : a collateral undertaking that a fact regarding the subject of a contract is or will be as it is expressly or by implication declared or promised to be
2 : something that authorizes, sanctions, supports, or justifies : WARRANT
3 : a usually written guarantee of the integrity of a product and of the maker's responsibility for the repair or replacement of defective parts Pronunciation Symbols
In commercial and consumer transactions, a warranty is an obligation that an article or service sold is as factually stated or legally implied by the seller, and that often provides for a specific remedy such as repair or replacement in the event the article or service fails to meet the warranty. A breach of warranty occurs when the promise is broken, i.e., a product is defective or not as should be expected by a reasonable buyer. In business and legal transactions, a warranty is an assurance by one party to the other party that certain facts or conditions are true or will happen; the other party is permitted to rely on that assurance and seek some type of remedy if it is not true or followed. In real estate transactions, warranty deed is a promise that the buyer's title to a parcel of land will be defended. A warranty may be express or implied. - 1 Express warranty
- 2 Implied warranty
- 3 Breach of warranty
- 4 Extended warranty
- 5 Legal Aspects of Warranties and Disclaimers
- 6 "Representations and Warranties"
- 7 Car warranty
- 8 Home Warranty
- 9 See also
- 10 External links
| An express warranty is typically a guarantee from the seller of a product that specifies the extent to which the quality or performance of the product is assured and states the conditions under which the product can be returned, replaced, or repaired. It is often given in the form of a specific, written "Warranty" document. However, a warranty may also arise by operation of law based upon the seller's description of the goods, and perhaps their source and quality, and any material deviat..."
Further Data On Term for limited warranty
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