Co-Signer
/ˈkoʊˌsaɪnər/
Definitions
- (n.) A person who signs a legal document jointly with another, accepting shared responsibility for the obligations therein.
The bank required a co-signer for the loan due to the borrower's limited credit history.
Forms
- cosigner
Related terms
Commentary
A co-signer legally guarantees performance alongside the primary party, often used to mitigate lender risk.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.