Cosigner Definition

noun

One who jointly signs a negotiable instrument with another person to assist the other signer to obtain a loan and, by doing so, assumes full liability for the loan should the other signer ever default on the loan contract. Also called a comaker. See also accommodation party and surety.

Webster's New World Law

A cosignatory.

Wiktionary

(law) A person who accepts joint responsibility for the debt of another.

Wiktionary
Synonyms:

Other Word Forms of Cosigner

Noun

Singular:
cosigner
Plural:
cosigners

Cosigner Sentence Examples

  • Most individuals who are in school will need a cosigner for their account, such as a parent, unless they are over the age of 21 and financially independent from their parents.

  • You will not need a cosigner and you can earn as much as five percent cash back on this card.

  • One of the easiest ways to overcome the Card Act limitations is for the high school student to obtain an adult cosigner on his or her application.

  • A cosigner becomes financially responsible for the debt if the student fails to pay on it as agreed.

  • Student loans with no cosigner are easier to come by than some students imagine.

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Words Starting With

CCOCOS

Words Ending With

RERNER

Unscrambles

cosigner

Words Starting With C and Ending With R

Starts With C & Ends With RStarts With CO & Ends With RStarts With C & Ends With ER

Word Length

8 Letter Words8 Letter Words Starting With C8 Letter Words Ending With R