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guarantor

 - 4 dictionary results

guar⋅an⋅tor

[gar-uhn-tawr, -ter]
–noun
1. a person, group, system, etc., that guarantees.
2. a person who makes or gives a guarantee, guaranty, warrant, etc.

Origin:
1850–55; guarant(ee) + -or 2
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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guar·an·tor   (gār'ən-tôr', gār'ən-tər)   
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.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Guarantor

A person who guarantees to pay for someone else's debt if he or she should default on a loan obligation.

Investopedia Commentary

Usually, people with poor credit can only get a loan if they have a guarantor.

Related Links

The Importance of Your Credit Rating

See also: Credit Rating, Creditor, Debt, Default, Impaired Credit, Loan, Surety

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: guar·an·tor
Pronunciation: "gar-&n-'tor, "gär-; 'gar-&n-t&r, 'gär-
Function: noun
: one that makes or gives a guaranty
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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