Cosigner (noun) Definition, Meaning & Examples

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noun
  1. a cosignatory.
  2. a joint signer of a negotiable instrument, especially a promissory note, who promises to repay the loan amount if the primary borrower cannot.
  3. an additional signer on a checking or savings account who acts as a guarantor jointly responsible for overdraft and other fees, but who cannot deposit or withdraw money from the account.
Cosigner (noun) Definition, Meaning & Examples

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