co-maker

Definition of "co-maker"
  1. A person who co-signs a financial debt contract, symbolizing a commitment to fulfill the financial duty if the primary debtor fails to do so
How to use "co-maker" in a sentence
  1. The co-maker of a loan is equally liable for repayment if the original borrower defaults.
  2. When applying for a business loan, he decided to include a co-maker to improve his chances of approval.
  3. Having a co-maker on your loan can provide the lender with extra security.

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