guarantor

Promises another's debt

A guarantor is someone who agrees to be responsible for another's debt or obligation if that person fails to fulfill it.

Banks often require a guarantor before approving loans to borrowers with limited credit history: Her father served as guarantor on the apartment lease.

The role carries legal weight—if the primary party defaults, the guarantor must pay.

legal

co-signer

Joint debt guarantor

bail · bond · liability · indemnity · covenant · fiduciary · escrow · notary · affidavit · debenture

obligation

responsibility

State of being answerable

undertaking · promise · duty · assurance · recourse · default · repayment · debtor · obligee · covenant

trust

confidence

Self-assurance or trust

credibility · dependability · reliability · trustworthiness · integrity · reputation · standing · goodwill · character · verification

security

collateral

Security for debt

mortgage · escrow · deed · title · encumbrance · seizure · foreclosure · repossession · safeguard · protection

financial

backer

Financial supporter

underwriter · sponsor · angel investor · creditor · loan · mortgage · collateral · repayment · credit · solvency

support

patron

Regular supporter or customer

advocate · supporter · champion · protector · donor · philanthropist · endorser · promoter · funder · contributor

Categories
Opposites
financial/legal role

guarantordebtor

One who owes

borrower · creditor · lender · defaulter · beneficiary

support vs. opposition

guarantoradversary

Enemy in conflict

opponent · saboteur · underminer · enemy · detractor

Phrases
Family

guarantee, guaranteed, guarantees, guaranteeing, guaranty, guarantors

Familiarity
Top 200,000
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