Guarantor ( noun , verb )

(As a noun)

Guarantor ( noun )

  1. A person or organization that formally guarantees the performance or repayment of another's obligation.
  2. A person who vouches for the quality or accuracy of something.

Origin:

From the late latin word "garantus" meaning "warrantor" or "surety".

Examples:

  1. The bank required a guarantor for the loan because the applicant had no credit history.
  2. My parents acted as guarantors for my apartment lease.
  3. As a guarantor of the treaty, the United Nations was responsible for enforcing its provisions.
  4. The guarantor of the loan is responsible for paying it if the borrower defaults.
  5. The company's reputation served as a guarantor of the quality of its products.

(As a verb)

Guarantor ( verb )

  1. A person or organization that formally guarantees the performance or repayment of another's obligation.
  2. A person who vouches for the quality or accuracy of something.

Origin:

From the late latin word "garantus" meaning "warrantor" or "surety".

Examples:

  1. The bank required a guarantor for the loan because the applicant had no credit history.
  2. My parents acted as guarantors for my apartment lease.
  3. As a guarantor of the treaty, the United Nations was responsible for enforcing its provisions.
  4. The guarantor of the loan is responsible for paying it if the borrower defaults.
  5. The company's reputation served as a guarantor of the quality of its products.
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