Warranty: Canada Debt .ca defines Warranty

Bankruptcy Term Warranty

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Canada Debt has the definition to the bankruptcy and debt term Warranty. Finding answers to terms such as Warranty can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Warranty in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Warranty' is used as follows:

A written guarantee of performance from a vendor to a purchaser stating that the item being sold is good and fit for its intended use by the purchaser.