Legal Definition of Warranty: (a) A statement that certain facts are true, made by one party to a contract and accepted by the other party as true. (b) An agreement to make up for any damages that result from a false representation of facts | Boost your business with a clear understanding of the legal definition of warranty. Learn how warranties offer protection and build trust with customers. Find out how to clearly communicate terms and limitations to avoid disputes and make informed purchasing decisions. Read now to enhance your reputation and enjoy peace of mind!