guarantor
Guarantor (noun) means a person or organization that agrees to be responsible for someone else's debt or obligation if they fail to pay it. Example: “The bank asked for a guarantor before approving the loan.”
How to use guarantor
Learner’s notesIn plain EnglishSomeone who legally promises to cover a debt or obligation if the original person can't.
Word forms
- Plural
- guarantors
Fill the gap
Can you complete this real example?
The bank asked for a _____ before approving the loan.