- guarantor
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An individual or a corporation that guarantees the debt of another. (Bernstein's Dictionary of Bankruptcy Terminology)A person who pledges collateral for the contract of another or who guarantees to pay a certain debt of a debtor if the debtor defaults.. (Dictionary of Canadian Bankruptcy Terms)
United Glossary of Bankruptcy Terms 2012.
- guarantor
-
An individual or a corporation that guarantees the debt of another.
US Bankruptcy 2012.
Glossary of Bankruptcy.