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    HenryS's Avatar
    HenryS Posts: 1, Reputation: 1
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    #1

    Jul 11, 2007, 10:20 AM
    Warranty and guaranty
    What is the diference between warranty and guaranty?
    phillysteakandcheese's Avatar
    phillysteakandcheese Posts: 973, Reputation: 356
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    #2

    Jul 11, 2007, 02:44 PM
    From Dictionary.com:

    What is the difference between warranty and guarantee?

    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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