guarantors
Loan responsibility backers
Guarantors is the plural of guarantor—a person or entity who promises to fulfill another's obligation if that party fails to do so.
The term appears most often in financial contexts: a guarantor cosigns a loan, agreeing to pay if the borrower defaults.
The lease required guarantors for tenants without credit history.
Landlords and lenders seek guarantors to reduce their risk.
Joint debt guarantor
- cosignatoryJoint agreement signer
- underwriterOne who assumes financial risk
- backerFinancial supporter
- endorserOne who publicly approves
obligor · surety · sponsor · bondsman · signatory · warrantor · securer · pledgor
Security for debt
- securityProtection from threat
- bondBinding tie or connection
- indemnityProtection against financial loss
- pledgeBinding promise given
bail · lien · deposit · escrow · credit enhancement · letter of credit · surety bond
Legal or financial obligation
- accountabilityObligation for one's actions
- responsibilityState of being answerable
- covenantBinding formal pledge
- promiseCommitment to act
Aid or sponsorship
- commitmentFirm pledge to act
- endorsementFormal expression of support
- vouchingAffirming another's credibility
- certificationAttestation of qualification
validation · confirmation · authentication · accreditation · ratification · affirmation · attestation · verification
co-signer
Joint debt guarantor
- cosignatoryJoint agreement signer
- underwriterOne who assumes financial risk
- backerFinancial supporter
endorser · obligor · surety · sponsor · bondsman · signatory · warrantor · securer · pledgor
collateral
Security for debt
- securityProtection from threat
- bondBinding tie or connection
- indemnityProtection against financial loss
pledge · bail · lien · deposit · escrow · credit enhancement · letter of credit · surety bond
liability
Legal or financial obligation
- accountabilityObligation for one's actions
- responsibilityState of being answerable
- covenantBinding formal pledge
promise · duty · undertaking · fiduciary duty · legal obligation
backing
Aid or sponsorship
- commitmentFirm pledge to act
- endorsementFormal expression of support
- vouchingAffirming another's credibility
certification · validation · confirmation · authentication · accreditation · ratification · affirmation · attestation · verification
- backerssupporters, backers, sponsors, patrons, funders
- early bankingmoney changers, moneylenders, moneylending, money lending, loans
- legal partiesassignee, assignor, creditor, debtor, beneficiary
- intermediariesmiddleman, middlemen, go-between, go-betweens, broker
- entitiesentity, being, object, thing, item
- organizationsorganization, organizations, company, companies, club
guarantorsdebtors
Those who owe money
borrowers · creditors · lenders · mortgagors · beneficiaries