limited warranty

limited warranty definition - business

limited warranty

A product guarantee that includes restrictions. For example, a computer manufacturer may offer a warranty on parts for three years, but restrict the warranty on labor to 90 days.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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