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Definitions from WordNet

Definitions from the Web

Guarantor

Part of Speech: Noun

Sense: A person or entity who guarantees or gives a promise to take responsibility for another person's debt or obligations.

Usage: In legal and financial contexts, a guarantor is often required when obtaining a loan or renting a property.

Example Sentences:

1. My father acted as my guarantor when I applied for a student loan.
2. The insurance company will serve as a guarantor for any damages caused during the construction project.
3. Before renting the apartment, the landlord asked for a guarantor with a good credit history.

Part of Speech: Noun

Sense: A person or entity that provides security or support.

Usage: Guarantors can offer protection for the success of a project or the fulfillment of a promise.

Example Sentences:

1. The influential politician became the guarantor of the peace negotiations.
2. My best friend serves as a guarantor of my emotional well-being.
3. His reputation as a reliable and trustworthy professional acts as a guarantor for his business's success.

Part of Speech: Verb

Sense: To assume responsibility or make a promise to guarantee someone else's debt or obligations.

Usage: Individuals or organizations can choose to guarantor another entity in various legal and financial situations.

Example Sentences:

1. She agreed to guarantor her sister's mortgage, allowing her sister to purchase her dream home.
2. The company decided to guarantor the startup's loan, believing in its potential for success.
3. As a close friend, I am willing to guarantor your educational expenses to help you pursue your dreams.

Related products on Amazon:

• Loan Guarantor
• Rental Guarantor
• Project Guarantor