- One, such as a person or corporation, that makes or gives a promise, assurance, or pledge typically relating to quality, durability, or performance.
- One who makes or gives a guaranty.
Dictionary:
guar·an·tor (găr'ən-tôr', găr'ən-tər) ![]() |
| 5min Related Video: guarantor |
| Investment Dictionary: Guarantor |
A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.
Investopedia Says:
Usually, people with poor credit can only get a loan if they have a guarantor.
Related Links:
Do you know how your borrowing activities affect your credit rating? Find out here. The Importance of Your Credit Rating
| Banking Dictionary: Guarantor |
1. Person or corporation who guarantees payment by another. Also known as a Surety. A guarantor becomes a co-endorser and assumes liability in event of default.
2. Corporation that provides assurances, either through a Letter of Credit or the strength of its own balance sheet, to step in and pay the outstanding obligation of, for example, a municipal bond issuer. See also Financial Guarantee.
3. Federal Home Loan Mortgage Corp. Mortgage Swap in which mortgage lenders exchange loans for Freddie Mac Participation Certificates.
| Thesaurus: guarantor |
noun
| Law Dictionary: Guarantor |
| Translations: Guarantor |
Dansk (Danish)
n. - garant, kautionist, anbefaler
Nederlands (Dutch)
borgsteller
Français (French)
n. - garant, caution
Deutsch (German)
n. - Bürge, Garant
Ελληνική (Greek)
n. - εγγυητής
Italiano (Italian)
fideiussore, garante
Português (Portuguese)
n. - avalista (f)
Русский (Russian)
гарант (юридическое лицо)
Español (Spanish)
n. - fiador, garante
Svenska (Swedish)
n. - borgensman
中文(简体)(Chinese (Simplified))
保证人
中文(繁體)(Chinese (Traditional))
n. - 保證人
العربيه (Arabic)
(الاسم) الكفيل
עברית (Hebrew)
n. - נותן ערבות, ערב
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| Guarantee (legal term) | |
| Guaranty (in banking) | |
| Guarente (family name) |
| After bankruptcy when can you be a guarantor? | |
| Can a guarantor get insurance? | |
| Who is the mortgagor and who is the guarantor? |
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![]() | Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved. Read more | |
![]() | Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved. Read more | |
![]() | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. Read more | |
![]() | Law Dictionary. Law Dictionary. Copyright © 2003 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Translations. Copyright © 2007, WizCom Technologies Ltd. All rights reserved. Read more |