guarantor
- An entity or individual that legally promises to take responsibility for another's debt or contract performance, should they default or fail to uphold their agreement
- The bank served as the guarantor for the small business loan.
- As the guarantor, she was accountable for her brother's car payments if he failed to make them.
- His company agreed to be the guarantor of the concert, ensuring the expenses would be covered if the show did not proceed.
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