Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “cosignatory”

cosignatory

noun [C]
 
 
/ˌkəʊˈsɪɡnətəri/ US   /ˌkəʊˈsɪɡnətɔri/ (also co-signatory)
one of two or more people, countries or organizations who sign an official agreement or document: He is a cosignatory to a letter, published in the Financial Times. Canada is a co-signatory of the North American Free Trade Agreement.
a person or organization that signs a document already signed by another person, agreeing to pay that person’s debt if they fail to do so: British students in the US need a local co-signatory to apply for a loan.
one of two or more people or organizations who take equal responsibility for a financial arrangement: When one of the co-signatories dies, all of the assets in the joint bank account will continue to be available to their partner. As a co-signatory to the mortgage, she is considered a joint investor in the fund.
(Definition of cosignatory from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of cosignatory?
Browse related topics

You are looking at an entry to do with Signing & signatures, but you might be interested in these topics from the Reading & writing topic area:

Add Cambridge dictionaries to your browser to your website

Definitions of “cosignatory” in other dictionaries

Translations of “cosignatory”

Word of the Day

hello stranger

said to a person that you know but have not seen for a long time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More