co-maker

Definition

Person who, with other individual(s), guarantees a financial commitment (such as repayment of a loan). He or she is jointly and severally liable, with the other signatories (co-makers), for honoring the commitment in full. Also called co-guarantor.


Nearby Terms

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