Definition of "guarantor"
  1. 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
How to use "guarantor" in a sentence
  1. The bank served as the guarantor for the small business loan.
  2. As the guarantor, she was accountable for her brother's car payments if he failed to make them.
  3. 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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