Jargon Explained

    1. A
    2. B
    3. C
    4. D
    5. E
    6. F
    7. G
    8. H
    9. I
    10. J
    11. K
    12. L
    13. M
    14. N
    15. O
    16. P
    17. Q
    18. R
    19. S
    20. T
    21. U
    22. V
    23. W
    24. X
    25. Y
    26. Z

    Return

    Warranty

    Definition

    In an insurance policy, a warranty is a strict and tightly defined condition agreed by the policyholder.

    Explanation

    Used when talking about contracts, such as insurance policies.

    Did you find this useful?