The word warranty is a noun. Warranty means (1) a written assurance that some product or service will be provided or will meet certain specifications.
The following articles and web pages elaborate on the word warranty.
An auto warranty is a promise from the manufacturer to stand behind their product. New vehicles come with a warranty as part of a standard package, but used vehicles may or may not come with a warranty.
Assurant (AIZ) partners with LEVC for devising a EV warranty plan, which will boost Assurant's presence in the automotive service contract space.
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