Word Noun
guarantor
n.
countable
C1 Advanced US /ˌɡɛɹənˈtɔɹ/ UK /ɡˈæɹɑːntˌɔː/ guar·an·tor UK spelling guarantors
Definition
n.a person or company that promises to pay a debt if someone else cannot. You often see this in contracts for loans or when renting an apartment.
n.a person or entity that provides a guarantee for the performance of a duty or the payment of a debt. Often used in legal or financial contexts to describe a third party assuming liability.
Examples
“The bank asked for a guarantor before approving the loan.”
“Because the student had no credit history, her parents had to act as guarantors for the apartment lease.”
“The treaty required a neutral third party to serve as a guarantor, ensuring that both nations would adhere to the terms of the ceasefire agreement.”
Real-world usage
“He would co-sign their lease - becoming the legal guarantor for their apartment.”
This entry
Level C1 · Advanced
Frequency Occasional
Updated