Synonyms for
Guarantor
Definition
A guarantor is a person or organization that agrees to be responsible for someone else's debt or performance of a contract if the original debtor or contractor fails to do so.
Synonyms & similar words
Example sentences
- My dad will be the guarantor for my apartment lease.
- The bank required a guarantor for the small business loan.
- The surety bond company acted as the guarantor for the construction project.
- The landlord demanded a guarantor for the rental agreement.
- The co-signer acted as a guarantor for the car loan.
Quotes
A guarantor is a person who guarantees that you will not default on your loan. - Suze Orman
A guarantor is someone who signs a lease with a tenant, agreeing to pay rent and damages if the tenant defaults. - Dave Ramsey
A man is likely to mind his own business when it is worth minding. When it is not, he takes his mind off his own meaningless affairs by minding other people's business. - Eric Hoffer (used 'guarantor' in context of the quote)