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guarantor

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.02 sec.
guarantor
a person who gives or is bound by a guarantee or guaranty; surety


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The most favorable to the tenant merely requires delivery of vacant possession of the premises whereupon the guarantor is released from liability for the payment of rent.
Advantages of a 'good guy' lease guaranty by Moerdler, Jeffrey A. / Real Estate Weekly
FINANCIAL GUARANTORS--A financial guarantor lends its rating to a security for a fee.
A secure package: life insurers are becoming more creative in ... by Silverman, Stuart / Best's Review
Normally a loan guarantee would not cause a guarantor to fall into this category because the guarantor would be entitled to reimbursement for any payments made.
Debt allocation and LLCs by Schnee, Edward J. / Journal of Accountancy
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