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guarantor

UK/ˈɡæɹəntə(ɹ)/
nounC1Rare in speech; mostly a word you read · #13,058 of 15,258neutral

Other forms: guarantors

A guarantor is somebody who promises to pay if you cannot. Need a guarantor, act as guarantor, a parent as guarantor.

Standing as one is a serious commitment and often misunderstood: the lender can come to the guarantor first and need not chase the borrower, which is why the advice is never to sign for an amount you could not pay yourself. Students and new tenants are commonly asked for one. Note guarantee, and warrant, which is the same word.

Definitions of guarantor

  1. 1nounguarantorSomebody who promises to pay if you cannot.C1

    “As a student with no income, she needed her father to act as guarantor for her flat.”

guarantor is a person who promises.

Where it comes from

Guarantee plus -or, from Old French garant, a warrant, of Germanic origin. Warrant is the same word arriving separately.

From -or. From guarantee + or.

Etymology from Wiktionary, CC BY-SA

Practised in Bank & Post Office

Practise this word

guarantor in the wild

  • In legal terminology, the giver of a guarantee is called the surety or the "guarantor".

    Guarantee

  • Conclusive evidence clauses are interpreted strictly by the courts, with any ambiguity being resolved in favour of the guarantor.

    Incontrovertible evidence

  • A loan guarantee, in finance, is a promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults.

    Loan guarantee

  • A guarantee can be limited or unlimited, making the guarantor liable for only a portion or all of the debt.

    Loan guarantee

  • The stated purpose of the new constitution is to harmonize Transnistrian legislation with that of its main guarantor state, Russia.

    Constitution of Transnistria

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.