Cosigner

From CNM Wiki
Revision as of 00:30, 1 June 2020 by Kevmwangi (talk | contribs) (Created page with "Cosigner is when on a loan, another person or firm that legally pledges to repay some or all of the money if the original borrower does not do so. ==Definition== Accordin...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Cosigner is when on a loan, another person or firm that legally pledges to repay some or all of the money if the original borrower does not do so.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Cosigner. On a loan, another person or firm that legally pledges to repay some or all of the money if the original borrower does not do so.
Retrieved from "https://pravka.bskol.com/w/index.php?title=Cosigner&oldid=47443"