co-applicant

Definition

A signatory on a credit application who assumes equal responsibility as the applicant. The co-applicant differs from a co-signer, in that the co-applicant typically receives the benefits of the credit as well as the responsibility.

Related Videos




http://www.businessdictionary.com/definition/co-applicant.html

Have a question about co-applicant? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z