warranty
//ˈwɒr.ən.ti//
Noun
warrantySingular
warrantiesPlural
1
A written guarantee issued to a purchaser by a manufacturer or seller, promising to repair or replace a product if necessary within a specified period.
This laptop comes with a two-year warranty.
2
A formal assurance or promise, especially one given in writing, that certain conditions will be fulfilled.
The company provides a written warranty that the product will be free from defects.