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guarantor
[ gar-uhn-tawr, -ter ]
noun
- a person, group, system, etc., that guarantees.
- a person who makes or gives a guarantee, guaranty, warrant, etc.
guarantor
/ ˌɡærənˈtɔː /
noun
- a person who gives or is bound by a guarantee or guaranty; surety
Other Words From
- pre·guaran·tor noun
Word History and Origins
Origin of guarantor1
Example Sentences
And foster kids struggle on the rental market with no rental history, no guarantor and a monthly stipend of a little over $1,200.
That would have involved borrowing up to £200m from a consortium of UK banks with government acting as guarantor - meaning if the loans were to go bad the state would have to step in to repay the lenders.
It was seeking to borrow from a consortium of UK banks, but needed the government to act as guarantor - meaning if the loans were to go bad the state would step in to repay the lenders.
It is seeking to borrow from a consortium of UK banks, but needs the government to act as guarantor - meaning if the loans were to go bad the state would step in to repay the lenders.
The measure sees the government act as guarantor for part of a home loan – to encourage lenders to offer low-deposit deals.
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