See Also: warranty(dictionary)
Warranty(finance)
warranty(dictionary)
Warranty(law)
Warranty(money)
Limited warranty(finance)
Implied Warranty(money)
Warranty Deed(money)
Limited warranty(money)
Express Warranty(law)

Expunge (money) and warranty (iou)


Expunge (money)


Definition: [crh] Used in the context of General Equities. Remove any trace of an Auto indication's existence at any time. See: Cancel.







warranty (iou)



warranty noun. ME.
[Anglo-Norman warantie var. of garantie: see GUARANTY.]
Law.
a. A covenant annexed to a conveyance of Real Estate, by which the vendor warrants the Security of the title conveyed. ME.
vouch to warranty: see VOUCH verb 1.
b. An undertaking by one of the parties to a contract, breach of which entitles the innocent party to damages but not to terminate the contract; esp. a manufacturer's written promise as to the extent to which defective goods will be repaired, replaced, etc. LME.
c. In an insurance contract, an engagement by the insured party that certain statements are true or that certain conditions shall be fulfilled, the breach of this engagement involving the invalidation of the policy. E19.
gen. A guarantee, an assurance. Now only Scot. & dial. M16.
Substantiating evidence. M16.
Formal or official sanction for a course of action etc.; authorization. Now rare. L16.
Justification; grounds for an action or belief. M19.
Comb.: warranty deed Law: containing a covenant of warranty.