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What is the exact difference between warranty and guarantee?

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What is the exact difference between warranty and guarantee?

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  1. warrenty :I think no replacement only repair at customers cost

    guarantee:I think only replacement no repair just replace the goods what ever it my be


  2. i had a warrant and they took me to jail, i had a guarantee, and still went to jail, im not sure, ....

  3. Warranties have limits, guarantees don't.

  4. warranty-there is no service charge,but should be collected for to replace repaired part.

    guarrenty-no service charge and no cost for replacement of repaired part
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