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- Dictionaryguarantor/ˌɡarənˈtɔː/
noun
- 1. a person or thing that gives or acts as a guarantee: "the role of the police as guarantors of public order"
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a person who makes certain that something happens or that something is protected: The armed forces see themselves as the guarantors of free elections in the country. law specialized. someone who formally accepts responsibility for you or for something that belongs to you: You must have a guarantor in order to get a visa to enter the country.
May 24, 2023 · A guarantor is a person who guarantees to pay a borrower's debt if they default on a loan obligation. Read more about the role of a guarantor in finance.
noun. /ˌɡærənˈtɔː (r)/ /ˌɡærənˈtɔːr/ (formal or law) a person who agrees to be responsible for somebody or for making sure that something happens or is done. The United Nations will act as guarantor of the peace settlement. Topics Doubt, guessing and certainty c2. Definitions on the go.
1. : one that gives a guaranty (see guarantee entry 1 sense 3) 2. : one that guarantees. Synonyms. backer. patron. sponsor. surety. See all Synonyms & Antonyms in Thesaurus. Examples of guarantor in a Sentence. the town police force is the guarantor of our safety.
someone who formally accepts responsibility for you or for something that belongs to you: You must have a guarantor in order to get a visa to enter the country. finance & economics specialized. a person or organization that promises to pay back a loan (= borrowed money) if the person or organization that borrowed it cannot pay it back:
A guarantor is a person who gives a guarantee or who is bound by one. [ law ] Landlords also require a guarantor who promises to pay the rent if a tenant defaults.
a person, group, system, etc., that guarantees. a person who makes or gives a guarantee, guaranty, warrant, etc. guarantor. / ˌɡærənˈtɔː / noun. a person who gives or is bound by a guarantee or guaranty; surety.
A guarantor is a person who helps someone who's borrowing money by promising to pay it back to the lender if the borrower is unable to. Sometimes you also need a guarantor to rent an apartment.
1. One, such as a person or corporation, that makes or gives a promise, assurance, or pledge typically relating to quality, durability, or performance. 2. One who makes or gives a guaranty. American Heritage® Dictionary of the English Language, Fifth Edition.
guarantor - An entity or individual that legally promises to take responsibility for another's debt or contract performance, should they default or fail to uphold their agreement.
