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Meaning of guarantor
A person who gives a guarantee or promise, especially a formal one, that someone will pay a debt or fulfill an obligation.
Etymology of guarantor
The word "guarantor" comes from the Old French word "guarant," meaning "surety" or "warranty," which is derived from the Germanic word "warant," meaning "to guarantee" or "to protect"
The term has been used in English since the 15th century to refer to a person who gives a guarantee or promise, especially a formal one
Synonyms
Definitions
- A person who gives a guarantee, especially a formal one, that someone will pay a debt or fulfill an obligation
- Someone who takes on the responsibility of paying a debt if the borrower is unable to do so
- A person or organization that provides financial security for a loan or other financial obligation
Usage Examples
- The bank required a guarantor for the loan before approving it
- She acted as a guarantor for her friend's rent, promising to pay if her friend couldn't
- The company provided a guarantor for the project, ensuring that it would be completed on time and within budget
Antonyms
debtor
borrower
obligor
defaulter
delinquent
deadbeat
welcher
shirker
evader
avoider
refuser
rejecter
denier
opponent
adversary
antagonist
enemy
foe
adversary
opponent
competitor
rival