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Guarantor শব্দের বাংলা অর্থ: জামিনদার
Guarantor Meaning In Bengali জামিনদার
Guarantor
জামিনদার,
Definition
1) A guarantor is a person or entity that agrees to take responsibility to fulfill a financial or contractual obligation in case the primary party fails to do so.
2) In lending and credit arrangements, a guarantor is an individual or organization that agrees to guarantee the repayment of a loan or debt on behalf of the borrower if the borrower defaults.
3) In legal terms, a guarantor is someone who pledges to ensure that a particular obligation will be met or that a certain situation or condition will be fulfilled.
Examples
Guarantor Example in a sentence
1) The bank required a guarantor to co-sign the loan agreement.
2) The landlord requested a guarantor for the lease since the tenant had no credit history.
3) I had to find a guarantor for my mortgage application.
4) The university requires international students to have a guarantor for their tuition fees.
5) The business partnership agreement stipulated that each partner must serve as a guarantor for the company's debts.
6) Without a guarantor, it is difficult for individuals with poor credit to secure a loan.
7) The guarantor was held accountable for the damages caused by the borrower.
8) My parents had to act as guarantors for my first car loan.
9) The guarantor's signature on the contract confirmed their commitment to repay the debt if the borrower defaulted.
10) The bank refused the loan application without a suitable guarantor to vouch for the borrower's repayment ability.
Part of Speech
Guarantor (Noun)
Bangla Academy Dictionary
Encyclopedia
A guarantor is a person or entity that agrees to take responsibility to fulfill a financial or contractual obligation in case the primary party fails to do so.
In lending and credit arrangements, a guarantor is an individual or organization that agrees to guarantee the repayment of a loan or debt on behalf of the borrower if the borrower defaults.
In legal terms, a guarantor is someone who pledges to ensure that a particular obligation will be met or that a certain situation or condition will be fulfilled.
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