Definition of "codebtor"
  1. An individual or entity that shares responsibility for paying off a debt
How to use "codebtor" in a sentence
  1. If the codebtor fails to pay their part, the other debtor might be required to cover the full amount.
  2. The bank reached out to the codebtor after the primary debtor defaulted on the loan.
  3. As a codebtor on the loan, she was equally responsible for making sure the debt was paid.

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