guarantor


guar·an·tor

noun \ˌger-ən-ˈtr, ˌgär-, ˌga-rən-; ˈgar-ən-tər, ˈgär-, ˈga-rən-\

finance : a person who promises to pay back a loan if the original borrower does not pay it back

Full Definition of GUARANTOR

1
:  one that gives a guaranty
2
:  one that guarantees

Examples of GUARANTOR

  1. <the town police force is the guarantor of our safety>

First Known Use of GUARANTOR

circa 1828

Other Legal Terms

actionable, alienable, carceral, chattel, complicity, decedent, larceny, malfeasance, modus operandi

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