What's the difference between compensation and warranty?

Compensation


Definition:

  • (n.) The act or principle of compensating.
  • (n.) That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
  • (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
  • (n.) A recompense or reward for some loss or service.
  • (n.) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.

Example Sentences:

  • (1) The acute effect of alcohol manifested itself by decreasing mitochondrial respiration, compensated by increased glycolytic activity of the myocardium so that myocardial energy phosphate concentration remained unchanged.
  • (2) Results suggest that these resins should be used with some method to compensate for the shrinkage, when used as index material.
  • (3) Medical prevention and technique and then compensation for these occupational nuisances are then described.
  • (4) The hemorrhagic syndrome (HS) was identified in 16% of patients with chronic active hepatitis, in 26% with compensated and in 76% with decompensated LC.
  • (5) On 18 March 1996, the force agreed, without admitting any wrongdoing by any officer, to pay Tomkins £40,000 compensation, and £70,000 for his legal costs.
  • (6) level was increased in 13 of 19 measurements made in this group, state named "compensated hypothyroidism" according to Patel and Burger.
  • (7) While there has been almost no political reform during their terms of office, there have been several ambitious steps forward in terms of environmental policy: anti-desertification campaigns; tree planting; an environmental transparency law; adoption of carbon targets; eco-services compensation; eco accounting; caps on water; lower economic growth targets; the 12th Five-Year Plan; debate and increased monitoring of PM2.5 [fine particulate matter] and huge investments in eco-cities, "clean car" manufacturing, public transport, energy-saving devices and renewable technology.
  • (8) The solution to these problems would seem either to reduce the time spent in rectangular wires or to change to a bracket with reduced torque, together with appropriate second order compensations in the archwire or the bracket.
  • (9) A compensator connected to the section consisting of the pump-main line-operating member and including a pneumatic resistance and a flaxid non-elastic container enables it in combination with the feedback to maintain through the volumetric displacement of the gas, or changing the pump diaphragm position, the stability of the gas volume in the pneumatic transmission element of the assisted circulation apparatus.
  • (10) Sympathochromaffin catecholamines are not normally critical but compensate and become critical when glucagon is deficient.
  • (11) The stretch reflex in man has a direct role in compensating for small disturbances during motor tasks.
  • (12) The ideal prophylaxis should compensate for the undesired effects of an operation or injury on the coagulation system, without subjecting the patient to the danger of elevated tendency to bleed.
  • (13) Advocates would point to the influence Giggs maintains in the United midfield – developing a more creative game from a central role to compensate for the loss of his once blistering pace.
  • (14) A preliminary "profile" of the patient with low back pain who would likely benefit from manual therapy included acute symptom onset with less than a 1-month duration of symptoms, central or paravertebral pain distribution, no previous exposure to spinal manipulation, and no pending litigation or workers' compensation.
  • (15) The venture capitalist argued in his report, commissioned by the Downing Street policy guru Steve Hilton, in favour of "compensated no fault-dismissal" for small businesses.
  • (16) The government also faced considerable international political pressure, with the United Nations' special rapporteur on torture, Juan Méndez, calling publicly on the government to "provide full redress to the victims, including fair and adequate compensation", and writing privately to David Cameron, along with two former special rapporteurs, to warn that the government's position was undermining its moral authority across the world.
  • (17) Taxpayers will pick up an immediate £40m bill for compensating the four shortlisted companies that bid for the west coast franchise.
  • (18) Adreno-cortical compensation of the concentration of the hormone did not occur in the post-castration period.
  • (19) The principle of antagonistic compensation was presented by RIESENFELD in 1966 to explain the relative shortening and broadening of hypofunctional bones.
  • (20) But he won’t call.” Allardyce is also cynical about an offer from Swansea to compensate around 300 Sunderland fans who had booked trips to Wales before the date change.

Warranty


Definition:

  • (n.) A covenant real, whereby the grantor 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 singe 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.
  • (n.) An engagement or undertaking, express or implied, that a certain fact regarding the subject of a contract is, or shall be, as it is expressly or impliedly declared or promised to be. In sales of goods by persons in possession, there is an implied warranty of title, but, as to the quality of goods, the rule of every sale is, Caveat emptor.
  • (n.) 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 express, should appear in the policy; but there are certain implied warranties.
  • (n.) Justificatory mandate or precept; authority; warrant.
  • (n.) Security; warrant; guaranty.
  • (v. t.) To warrant; to guarantee.

Example Sentences:

  • (1) Many of the reliability issues are covered under Tesla’s overall four-year or 50,000 mile warranty and eight-year unlimited mile battery and drive train warranty takes care of most of the major issues at no cost, according to the report.
  • (2) The deficiencies of the law of warranties for contracts of purchase of horses have led to the situation that more and more purchasers try to shift the risk to the veterinarian by ordering a comprehensive examination of the horse.
  • (3) In the absence of an express warranty the physician could not be held responsible for the birth of the plaintiff's child.
  • (4) Manufacturers often provide their own guarantee, while longer-term guarantees and warranties are usually underwritten by a third party, which will be legally required to honour contracts regardless of what has happened to the retailer who originally sold the product.
  • (5) Those buying travel insurance, and used car and electronic goods warranties – which until now incurred IPT at 17.5% – will now be taxed at 20%.
  • (6) School systems plagued by the asbestos hazards are now filing suits against asbestos manufacturers alleging causes of action in breach of warranty, negligence and strict products liability in tort.
  • (7) "We need to find a way of getting ourselves off the drug of warranties," he says.
  • (8) The warranty period part is a red herring as this is irrelevant when the manufacturer has confirmed the parts were faulty.
  • (9) The safe harbors comprise 11 broad categories--investment interests, space rental, equipment rental, personal services and management contracts, purchase of a medical practice, referral services, warranties, discounts, employees, group purchasing organizations, and waiver of deductibles and coinsurance.
  • (10) Figures support these concepts and prove their warranty.
  • (11) Manufacturers often provide their own guarantee, while longer-term guarantees and warranties are usually underwritten by a third party, which will be legally required to honour contracts regardless of what has happened to the retailer which originally sold the product.
  • (12) Shanks said Ford sold fewer commercial vehicles in China and spent heavily on engineering and warranty costs.
  • (13) Murrells is looking at is the extended warranties sold by its electricals business.
  • (14) This article discusses these warranties and those cases in which hospitals and doctors have been held liable under them.
  • (15) Solar panels came with long warranties and if you have a problem, the manufacturer should be your first port of call - if you can find them.
  • (16) Note that any dealer will undertake any required warranty work – you don't need to go back to the one who supplied the car.
  • (17) The software also includes files for generator specifications, recalls and pulse generator and lead prices and warranties.
  • (18) Such a move would bring car and home insurance premium tax in line with IPT on travel insurance, and electrical and car warranties.
  • (19) By keeping a low profile and avoiding media or activists' attention, she hoped to sign a simple warranty not to drive, as customary.
  • (20) Remedies for recovery in such a case might be based on a breach of implied warranties, strict liability, or negligence.