单词 | guarantor |
释义 | guarantor guarantor // noun [C]
1 (Finance ; Law ) (AmE also guaranty) a person or an organization that agrees to pay back a loan or a debt, etc. if the person or company that borrowed the money is not able to do so: a mortgage guarantor The company had to act as guarantor for a loan of $750m. The parent company is listed as guarantor of the bonds. You may have to provide additional collateral or guarantors to obtain new financing.
2 (Law ) a person who agrees to be responsible for sb or sth: In Japan, you may need a guarantor in order to rent an apartment. All birth certificate applications must be signed by a guarantor. |
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