Results for Co-Maker
On this page:
 

Same as Cosigner.

 
 
This entry contains information applicable to United States law only.

One who becomes obligated, an obligor, under a negotiable instrument— such as a check or promissory note — by signing his or her name along with the name of the original obligor, thereby promising to pay on it in full.

A co-maker is a type of accommodation party, who is someone who has signed a commercial paper to aid someone wishing to raise money on it. An accommodation party lends his or her name to another person and makes a promise to pay the bill or note when it is due if the other person defaults.

 
 

Join the WikiAnswers Q&A community. Post a question or answer questions about "Co-Maker" at WikiAnswers.

 

Copyrights:

Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved.  Read more
Law Encyclopedia. West's Encyclopedia of American Law. Copyright © 1998 by The Gale Group, Inc. All rights reserved.  Read more

Search for answers directly from your browser with the FREE Answers.com Toolbar!  
Click here to download now. 

Get Answers your way! Check out all our free tools and products.

On this page:   E-mail   print Print  Link  

 

Keep Reading

Mentioned In:

Related Topics

More >