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Warranty vs Surety - What's the difference?

warranty | surety | Related terms |

In lang=en terms the difference between warranty and surety

is that warranty is justifying mandate or precept; authority; warrant. Shakespeare while surety is : There remains unpaid / A hundred thousand more; in surety of the which / One part of Aquitaine is bound to us.# One who undertakes to pay money or perform other acts in the event that his principal fails therein.

As nouns the difference between warranty and surety

is that warranty is security; warrant; guarantee while surety is certainty.

As a verb warranty

is to warrant; to guarantee.

warranty

English

Noun

(warranties)
  • Security; warrant; guarantee.
    • The stamp was a warranty of the public. -(John Locke).
  • (obsolete, legal) A covenant real, whereby the granter of an estate of freehold and his heirs were bound to warrant and defend the title, and, in case of eviction by title paramount, to yield other lands of equal value in recompense. This warranty has long since become obsolete, and its place supplied by personal covenants for title. Among these is the covenant of warranty, which runs with the land, and is in the nature of a real covenant.
  • (legal) An engagement or undertaking, expressed or implied, that a certain fact regarding the subject of a contract is, or shall be, as it is expressly implied or promised to be. In sales of goods by persons in possession, there is an implied warranty of title.
  • (insurance law) A stipulation or engagement by a party insured, that certain things, relating to the subject of insurance, or affecting the risk, exist, or shall exist, or have been done, or shall be done. These warranties, when expressed, should appear in the policy; but there are certain implied warranties.
  • (rare) Justifying mandate or precept; authority; warrant. Shakespeare
    • If they disobey precept, that is no excuse to us, nor gives us any warranty . . . to disobey likewise. -Kettlewe.

    Synonyms

    * guarantee * warrant

    Verb

    (en-verb)
  • To warrant; to guarantee.

    • References

    *

    surety

    English

    Noun

    (wikipedia surety)
  • certainty
  • * Bible, Genesis xv. 13
    • Know of a surety , that thy seed shall be a stranger in a land that is not theirs.
  • * Sir Philip Sidney
    • For the more surety they looked round about.
  • That which makes sure; that which confirms; ground of confidence or security.
  • * Milton
    • [We] our happy state / Hold, as you yours, while our obedience holds; / On other surety none.
  • (legal) A promise to pay a sum of money in the event that another person fails to fulfill an obligation.
  • * Shakespeare
    • There remains unpaid / A hundred thousand more; in surety of the which / One part of Aquitaine is bound to us.
  • (legal) One who undertakes to pay money or perform other acts in the event that his principal fails therein.
  • * Bible, Proverbs xi. 15
    • He that is surety for a stranger shall smart for it.
  • A substitute; a hostage.
    • (Cowper)
  • Evidence; confirmation; warrant.
  • * Shakespeare
    • She called the saints to surety , / That she would never put it from her finger, / Unless she gave it to yourself.

    See also

    * surcharge * surcharged * indorsement