What does guarantor mean?
A person or organization that promises to pay a debt if the borrower fails to make their payments.
Example: "My uncle agreed to act as a guarantor for my student loan."
Do I need a guarantor to open a business line of credit?
Yes, banks often require a guarantor with strong credit if your business is new or lacks sufficient collateral.
What does guarantor mean in Urdu?
guarantor meaning in Urdu is ضامن (zaamin) — Used to refer to a person who takes financial responsibility for someone else's liabilities.
What does guarantor mean in Arabic?
guarantor meaning in Arabic is كفيل — Commonly used in financial and legal transactions to denote a sponsor or guarantor.
What does guarantor mean in Persian?
guarantor meaning in Persian is ضامن — Refers to a person who guarantees a loan or legal agreement.
What does guarantor mean in Hindi?
guarantor meaning in Hindi is जमानतदार — Used in formal Hindi to describe a person who provides financial or legal assurance.
What does guarantor mean in Turkish?
guarantor meaning in Turkish is kefil — Used in Turkish when someone backs up a loan or rental contract.
What does guarantor mean in Bangla?
guarantor meaning in Bangla is জামিনদার — Refers to the person who takes liability for another's debt in Bangla.
What does guarantor mean in Nepali?
guarantor meaning in Nepali is जमानीकर्ता — Denotes the individual who stands as security for a loan in Nepali.
What is a synonym for guarantor?
Common synonyms for guarantor include sponsor, backer, surety and bondsperson. Its opposite is debtor and borrower.
Browse more money and banking words in the Rehbaro Dictionary, or return to the full dictionary.
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