service contract
Repair coverage plan
A service contract is an agreement to provide maintenance, repairs, or support for a product or system over a specified period.
Often purchased alongside appliances, vehicles, or electronics, these contracts extend protection beyond manufacturer warranties: The dealership offered a five-year service contract on the car.
In employment contexts, a service contract binds someone to work for a set term.
- licensing agreementContract granting usage rights
- enforceabilityCapacity for legal compulsion
- indemnityProtection against financial loss
- scope of workContracted deliverables and limits
- labor costsPayment for work performed
cancellation · maintenance schedules · outsourcing · auto-renewal · annual fee · payment terms · hidden fees · warranty · extended warranty · money back · lease agreement · termination clause · customer satisfaction · peace of mind · deductible · invoicing · arbitration · technical support
- maintenancepreventive maintenance, maintenance schedule, scheduled maintenance, handyman, repair
- agreementshandshake, nod, accords, verbal consent, agreement
- auto caretire rotation, oil change, wheel alignment, transmission repair, exhaust system
- contractsbinding contracts, lease, clause, oral, severance package
- contract termsagreement, terms, conditions, condition, clause
- guaranteesguarantee, warranty, guaranty, pledge, oath
service contractproduct guarantee
Promise to fix defects
factory warranty · as-is sale · no warranty · implied warranty · product warranty
service contracthandshake deal
Unwritten mutual commitment
verbal agreement · gentleman's agreement · oral agreement · implied agreement