Student Loan Jargon

1 words in this vocabulary list

noun a person or organization that gives a guarantee, typically to pay a debt if the original debtor does not

  • The guarantor of the loan must meet certain financial criteria.
  • My dad agreed to be my guarantor for the apartment lease.
  • I'll be your guarantor, no worries!
  • In this story, the wise old owl serves as the guarantor of knowledge.