Definition of guarantor in English:

guarantor

noun

  • 1A person, organization, or thing that guarantees something.

    ‘the role of the police as guarantors of public order’
    • ‘This is generally taken to cover situations in which banks may be liable to borrowers and potential borrowers, to the shareholders, directors, creditors, and guarantors of borrowers and potential borrowers, and even to other lenders.’
    • ‘They still dreamed of a decentralized provincial order in which the privileges of the ancient estates would be cocooned, but now the monarchy was seen not as the enemy of that order but as its guarantor.’
    • ‘Given that several states had held blacks in slavery for generations, the states no longer seemed like the primary guarantors of liberty.’
    • ‘The presentation of virtue or triumph rivaled rank in importance, for the great were also the guarantors of right order.’
    • ‘Should a problem materialise within a specified period of time after purchase, the guarantor usually undertakes to repair or replace the product free of charge.’
    • ‘The committee organises guarantors to release candidates.’
    • ‘So far, we have not referred to the practice of landlords requiring a tenant or assignee of a lease to provide guarantors or sureties for his performance of the covenants in the lease.’
    • ‘Kings emerged from the seventeenth-century crisis as secular guarantors of political and social order, along the lines of Thomas Hobbes's social contract theory.’
    • ‘The prince thus formed the capstone on the edifice of privilege, the ultimate guarantor of the social hierarchy.’
    • ‘But if our military is the only guarantor against a total breakdown how can its presence be counterproductive?’
    • ‘Limited numbers of lightly armed troops are introduced and situated between the combatants, and they provide a symbolic guarantor of the peace.’
    • ‘But it was also thought of as a guarantor of common liberties.’
    • ‘Morale and enthusiasm were high and the number of new people soared despite the insistence on having a proper guarantor in order to be admitted to the dojo.’
    • ‘That is, they saw the structural constitution as itself a guarantor of rights.’
    • ‘I have listened to several conference calls addressing the myriad issues associated with the financial guarantors (credit insurers).’
    • ‘His veterans were settled on confiscated land (especially in Campania and Etruria) as guarantors of his order.’
    • ‘For example, democratic thinking, particularly within the liberal tradition, contains conceptions of rights as freedom of action and also of rights as guarantors of security.’
    • ‘They and the public databases are the guarantors of the human genome.’
    • ‘So, under the common law, as your Honours know, if a guarantee was to be given by two guarantors and one did not sign, then it is not binding on the other.’
    • ‘The possibility of state responsibility is not precluded, but the scheme of these civil liability treaties involves states only as guarantors of the operators' strict liability, or in providing additional compensation funds.’
    1. 1.1Law
      A person or organization who provides a guaranty.
      • ‘The third party claim amounts to the guarantors asserting a claim and that is not permissible.’
      • ‘There was initially a view put by the respondents who were guarantors of the tenant's obligations that indeed a new lease came into existence as a result of those negotiations.’
      • ‘In Ohio a guarantor is a surety and has the statutory and common law rights and obligations discussed above under Accommodation Party.’
      • ‘The second defendants are sued as guarantors of the cargo's proportion of general average, but the proceedings have not been served on them.’
      • ‘I should also say the position was that all the beneficiaries were also guarantors.’

Pronunciation:

guarantor

/ˌɡerənˈtôr/