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guarantor

 
Dictionary: guar·an·tor   (găr'ən-tôr', găr'ən-tər) pronunciation
n.
  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.

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Investment Dictionary: Guarantor
Top

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
Top

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
Top

noun

    One who assumes financial responsibility for another: backer, guaranty, sponsor, surety, underwriter. Informal angel. See law, support/oppose.

Law Dictionary: Guarantor
Top

One who makes the guaranty for the benefit of the guarantee. See guaranty.

Translations: Guarantor
Top

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

한국어 (Korean)
n. - 보증인, 담보인

日本語 (Japanese)
n. - 保証人

العربيه (Arabic)
‏(الاسم) الكفيل‏

עברית (Hebrew)
n. - ‮נותן ערבות, ערב‬


 
 

 

Copyrights:

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