Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr Basically warranty and guarantee is the same thing. A warranty is a type of guarantee. When a product goes wrong, the company undertakes to repair or replace that product. According to Cambridge dictionary, “warranty is a written promise from a company to repair or replace a product that develops a fault within a particular period of time, or to do a piece of work again if it is not satisfactory.” and “guarantee is a promise that something will be done or will happen, especially a written promise by a company to repair or change a product that develops a fault within a particular period of time.”. But the difference is legal, not linguistic. Both have meaningful use in the context of a contract or bargain. A warranty is a assurance and guarantee is a commitment. So, before buying any products, you must know the difference between warranty and guarantee.Table of Contents Warranty vs Guarantee in Tabular FormThe Bottom LineWarranty vs Guarantee in Tabular FormTraitsWarrantyGuaranteeDefinationA warranty is a written promise from a company to repair or replace a product that develops a fault within a particular period of time, or to do a piece of work again if it is not satisfactory.A guarantee is a promise that something will be done or will happen, especially a written promise by a company to repair or change a product that develops a fault within a particular period of time.What is it?AssuranceCommitmentHow is it make?WrittenOral or writtenApplicable forProduct onlyProduct, service and personsIn case of defectProduct will be Repair onlyProduct will be either Repair/ Replacement or cost will be RefundCondition of saleSubsidiary condition of sale, which may be expressed or implied.May or may not be a condition of saleDurationLong termVaries from item to itemDoes it requires cost?The buyer has to payFree of costMoney back promiseNoYesThe Bottom LineRead the information carefully on the packets before purchase any products. Don’t hesitate to ask supplier if you do not find anything that is necessary. Write them too from the supplier/ Hope this guide will help you to understand the basic difference between warranty and guarantee.
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