Outrageously Funny Word Dictionary :: Guaranteers

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What is the definition of guaranteers? 🙋

👉 Guaranters are individuals or entities who provide a guarantee to a lender or creditor that they will be able to fulfill their contractual obligations. This can include providing goods, services, or assets in exchange for payment of money or other consideration. Guarantees are typically used in financial transactions, such as loans and mortgages, where the borrower is required to make payments on time and pay back any damages caused by non-payment. They provide a safety net for borrowers who may not be able to meet


guaranteers

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