Guarantor

4 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Guarantor \Guar"an*tor`\, n. [See {Guaranty}, and cf.
     {Warrantor}.] (Law)
        (a) One who makes or gives a guaranty; a warrantor; a
            surety.
        (b) One who engages to secure another in any right or
            possession.


            [1913 Webster]

From WordNet (r) 2.0 [wn]:

  guarantor
       n : one who provides a warrant or guarantee to another [syn: {surety},
            {warrantor}, {warranter}]

From Moby Thesaurus II by Grady Ward, 1.0 [moby-thes]:

  29 Moby Thesaurus words for "guarantor":
     angel, approver, backer, bailsman, bondsman, certifier, confirmer,
     cosignatory, cosigner, endorser, godfather, godparent, guarantee,
     guaranty, insurer, mainpernor, mortgagor, notary, notary public,
     party, patron, ratifier, signatory, sponsor, subscriber, surety,
     underwriter, upholder, warrantor
  
  

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  GUARANTOR, contracts. He who makes a guaranty.
       2. The guarantor is bound to fulfill the engagement he has entered into, 
  provided the principal debtor does not. He is bound only to the extent that 
  the debtor is, and any payment made by the latter, or release of him by the 
  creditor, will operate as a release of the guarantor; 3 Penna. R. 19; or 
  even if the guarantee should give time to the debtor beyond that contained 
  in the agreement, or substitute a new agreement, or do any other act by 
  which the guarantor's situation would be worse, the obligation of the latter 
  would be discharged. Smith on Mer. Law, 285. 
       3. A guarantor differs from a surety in this, that the former cannot be 
  sued until a failure on the part of the principal, when sued; while the 
  latter may be sued at the same time with the principal. 10 Watts, 258.