Guarantor Definition Is One

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Posted on October 22, 2018 at 14:40 PM

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guarantor Definition in the Cambridge English Dictionary
guarantor meaning: 1. a person who makes certain that something happens or that something is protected: 2. someone who formally accepts responsibility for you or for something that belongs to you: 3. a person or organization that promises to pay back a loan (= borrowed money) if the person or…. Learn more.
What is a Guarantor? - Definition from Insuranceopedia
A guarantor is a third party in a contract who promises to pay for certain liabilities if one of the other parties in the contract defaults on their obligations.
guarantor | Definition of guarantor in English by Oxford ...
‘In Ohio a guarantor is a surety and has the statutory and common law rights and obligations discussed above under Accommodation Party.’ ‘The second defendants are sued as guarantors of the cargo's proportion of general average, but the proceedings have not been served on them.’

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