WARRANTOR Meaning and
Definition
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A warrantor, also known as a warranty provider, is an individual, organization, or entity that gives a warranty or assurance to another party concerning the quality, performance, or durability of a product, service, or property. The primary function of a warrantor is to guarantee the buyer or user of a product or service that it will meet certain standards or specifications.
A warrantor ensures that the product or service being offered is defect-free, meets the stated requirements, and will function as intended for a defined period. They are responsible for resolving any issues or defects that may arise during the warranty period, which is the timeframe when the warranty is valid. This includes repairing or replacing the defective product or refunding the purchase price.
Warrantors typically outline the terms and conditions of the warranty in a written agreement or warranty document. This document usually provides details such as the warranty coverage, duration, limitations, exclusions, and the process for making claims. It is important for consumers to thoroughly review and understand these terms before making a purchase to ensure they are aware of the extent of their warranty protection.
The concept of a warrantor is significant in consumer protection as it holds businesses accountable for the quality and reliability of their products or services. By providing warranties, warrantors enhance consumer confidence and trust, offering reassurance that they stand behind their offerings and will rectify any faults that may arise.
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• One who warrants, as opposed to warrantee, the person to whom land or another thing is warranted.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for WARRANTOR
- qarrantor
- aarrantor
- sarrantor
- earrantor
- 3arrantor
- 2arrantor
- wzrrantor
- wsrrantor
- wwrrantor
- wqrrantor
- waerantor
- wadrantor
- wafrantor
- watrantor
- wa5rantor
- wa4rantor
- wareantor
- wardantor
- warfantor
- warrentor
- barrattor
Etymology of WARRANTOR
The word "warrantor" is derived from the Old French term "garantour", which in turn comes from the verb "garantir". "Garantir" is a combination of the prefix "gar-" which means "against" or "for", and the verb "antir" which means "to protect" or "to vouch for". The Old French word "garantour" referred to someone who provided a guarantee or acted as a surety for another person or thing. Over time, the term evolved in English to become "warrantor", which retains a similar meaning of providing a guarantee or making a warranty.
Similar spelling words for WARRANTOR
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