- Limited Warranty
- A warranty that restricts coverage to specific defects, parts, time periods, or conditions, as opposed to a full warranty that covers all defects unconditionally.
- Warranty Claim
- A formal request submitted by a buyer asking the seller or manufacturer to honor the warranty by repairing, replacing, or refunding a defective product.
- Remedy
- The specific action a seller or manufacturer agrees to take to resolve a valid warranty claim β typically repair, replacement, or a full or partial refund.
- Exclusion Clause
- A provision in a warranty that lists specific circumstances, types of damage, or categories of use for which the warranty does not apply.
- Warranty Period
- The defined window of time during which a buyer may submit a valid warranty claim, usually measured from the date of purchase or delivery.
- Proof of Purchase
- A receipt, invoice, or other document the buyer must provide to establish the purchase date and confirm the product is covered under warranty.
- Consequential Damages
- Losses beyond the value of the defective product itself β such as lost profits or downstream repair costs β which limited warranties typically exclude.
- Return Merchandise Authorization (RMA)
- A number or code issued by the seller that authorizes a buyer to return a defective product for inspection, repair, or replacement under warranty.
- Disclaimer of Implied Warranties
- A statement in the warranty that limits or eliminates implied warranties β such as merchantability or fitness for a particular purpose β to the extent permitted by law.