The attesting of one party to a contract to the other of reliable facts so that the second party does not need to ascertain such facts for him or herself. Such assurance carries with it a promise to indemnify the second party for any loss should the particulars of the warranty prove not to be factual. Such a warranty may be express or implied. express warranty. A warranty created by the specific words of the warrantor promising the purchaser of goods that the merchandise being sold possesses ...