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.
co-maker is in the Agreements & Contracts, Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
co-maker appears in the definitions of the following terms: credit enhancement and co-guarantor
This content can be found on the following page:
http://www.businessdictionary.com/definition/co-maker.html
email to a friend
print this definition
cite this definition
link to this page






