- guarantor
- noun (C) law someone who promises that they will pay for something if the person who should pay for it does not
Longman dictionary of contemporary English. 2004.
guarantor
Look at other dictionaries:
guarantor — guar·an·tor /ˌgar ən tȯr, ˌgär ; gar ən tər, gär / n: one that makes or gives a guaranty Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. guarantor … Law dictionary
guarantor — An individual or a corporation that guarantees the debt of another. (Bernstein s Dictionary of Bankruptcy Terminology) A person who pledges collateral for the contract of another or who guarantees to pay a certain debt of a debtor if the debtor… … Glossary of Bankruptcy
Guarantor — Guar an*tor , n. [See {Guaranty}, and cf. {Warrantor}.] (Law) (a) One who makes or gives a guaranty; a warrantor; a surety. (b) One who engages to secure another in any right or possession. [1913 Webster] … The Collaborative International Dictionary of English
guarantor — 1853, from GUARANTEE (Cf. guarantee) with Latinate agent noun suffix or substituted for ee … Etymology dictionary
guarantor — surety, *sponsor, patron, backer, angel Analogous words: *guarantee … New Dictionary of Synonyms
guarantor — is a person, bank, etc., that gives a guarantee or guaranty … Modern English usage
guarantor — ► NOUN ▪ a person or organization that gives or acts as a guarantee … English terms dictionary
guarantor — [gar′ən tôr΄, gar΄ən tôr′] n. a person who makes or gives a guaranty or guarantee … English World dictionary
guarantor — A party who will guarantee repayment or performance of a covenant. Bloomberg Financial Dictionary The person who undertakes to pay to HM Customs and Excise a sum of money up to the level of a guarantee, for example a bank or a building society.… … Financial and business terms
guarantor — UK [ˌɡærənˈtɔː(r)] / US [ˌɡerənˈtɔr] / US [ˈɡerəntər] noun [countable] Word forms guarantor : singular guarantor plural guarantors formal someone who makes an official agreement to be responsible for money that someone else owes, or for someone… … English dictionary
Guarantor — A person who guarantees to pay for someone else s debt if he or she should default on a loan obligation. Usually, people with poor credit can only get a loan if they have a guarantor … Investment dictionary
