Definition: A guarantee that a certain outcome or obligation will be fulfilled; security.

Alright class, settle down and let’s take a look! Today we’re tackling the word “warranty,” it’s a term you might hear quite often. The dictionary gives us a good start, saying it's "a guarantee...security.” But what does that really mean? Let’s think about it like this: Imagine you buy a brand new bike – shiny and bright! A warranty is like the shop's promise to you, a little bit of faith. It says if something goes wrong - maybe a tire gets a flat, or the brakes don't work quite right – they will fix it, or even give you a replacement, free of charge! Think of it as a safety net, a little cushion against trouble. It’s a promise that the product is good, and if something isn't right, there's someone to help you out. So, “warranty” means a guarantee – a firm assurance - that something will work properly or be repaired if needed. It offers you security knowing you're protected! Does that make sense? Any questions before we move on?