guarantor (B2)
noun
Pronunciation: /ˌɡærənˈtɔːr/
Definition
A person or organization that gives a guarantee, especially one who promises to pay another person's debt or fulfill another person's obligation if that person fails to do so.
Examples
The bank required a guarantor before approving the loan for the small business.
Without a reliable guarantor, many students struggle to secure housing in expensive cities.
Her parents acted as guarantors for her first car loan, providing her with financial support.
How to Use guarantor
- guarantor for (prepositional phrase)
- A person who guarantees a loan or agreement for someone else. — "He served as a guarantor for his friend's car purchase."
- guarantor of (prepositional phrase)
- A person who guarantees the fulfillment of an obligation or promise. — "The company acted as a guarantor of the bond issue."
Synonyms of guarantor
Words with a similar meaning to guarantor:
Antonyms of guarantor
Words with the opposite meaning to guarantor:
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