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guarantor |
Also found in: Dictionary/thesaurus, Legal, Financial | 0.03 sec. |
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guarantor a person who gives or is bound by a guarantee or guaranty; surety How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| If the tenant is in default and refuses to vacate the premises, the individual guarantors face a personal downside. Even for fully wrapped transactions (in which the securities will carry the rating of the financial guarantor) the rating agencies still need to review the transaction so they can provide a shadow rating, which is used by the rating agencies in determining the capital requirements for the financial guarantors. Guarantors are generally denied an interest deduction under Sec. |
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