Dictionary

guarantor

noun guar·an·tor \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
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First Known Use of GUARANTOR

circa 1828

Other Legal Terms

actionable, alienable, carceral, chattel, complicity, decedent, larceny, malfeasance, modus operandi
GUARANTOR Defined for Kids

guarantor

noun guar·an·tor \ˌger-ən-ˈtr, ˌgär-\

Definition of GUARANTOR for Kids

:  a person who gives a guarantee

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