Guarantor Meaning in English
word
Definition
A guarantor is a person or organization that promises to pay a debt or fulfill an obligation if the main person responsible fails to do so.
Usage & Nuances
Common in legal, financial, and rental contexts. A guarantor is usually required for loans or leases if the main applicant has low income or bad credit. Not to be confused with 'guarantee' (the promise itself). Often formal; rarely used in everyday casual conversation.
Example Sentences
The bank needs a guarantor for this loan.
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My father was the guarantor for my apartment lease.
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Without a guarantor, you may not get approved.
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I had trouble finding a guarantor when I moved to the city.
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Sometimes, a company acts as a guarantor for its employees' housing.
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Don’t sign as a guarantor unless you’re sure you can cover the payments.
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