guarantor Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “guarantor” in the English Dictionary

"guarantor" in British English

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guarantornoun [C]

uk   /ˌɡær.ənˈtɔːr/  us   /-ˈtɔːr/
formal a ​person who makes ​certain that something ​happens or that something is ​protected: The ​armedforcessee themselves as the guarantors of ​freeelections in the ​country. specialized law someone who ​formallyacceptsresponsibility for you or for something that ​belongs to you: You must have a guarantor in ​order to get a ​visa to ​enter the ​country. specialized finance & economics a ​person or ​organization that ​promises to ​pay back a loan (= ​borrowedmoney) if the ​person or ​organization that ​borrowed it cannot ​pay it back: His ​father is a guarantor on the ​loan.
(Definition of guarantor from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"guarantor" in Business English

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guarantornoun [C]

uk   /ˌɡærənˈtɔːr/  us   /-ˈtɔːr/ FINANCE
a ​person or ​organization that promises to ​pay back a ​loan if the ​person or ​organization that originally ​borrowed the ​money does not: guarantor for/on sth Some ​providerslend young ​people more if their ​parentsagree to be guarantor for the ​loan. The ​privateinvestor acted as guarantor to £160 million of the company's ​bank borrowings.
(Definition of guarantor from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “guarantor”
in Chinese (Simplified) 保证人,担保人, 担保人…
in Chinese (Traditional) 保證人,擔保人, 擔保人…
What is the pronunciation of guarantor?
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