0 a person who makes certain that something happens or that something is protected:
1 a person or organization that promises to pay back a loan if the person or organization that originally borrowed the money does not:
Credit contracts were more likely to refer to a ' responsible ' witness, guarantors being more important when a vital part of the agreement (repayment) was to be performed in the future.
Manufacturers are the guarantors of high-quality food, in which consumers can have confidence.
I have always considered that guarantors and consumers require some protection.
Competition and privatisation are not always the guarantors of quality.
We all know that as a general rule exhibitions lose money, and the guarantors are usually called upon to pay up.
First, it is one of the guarantors; perhaps at this moment that is a rather paradoxical situation.
I have no doubt that as a matter of practice the two guarantors would at once exchange views upon the situation.
We are only concerned as guarantors and not as liquidators or givers out of contracts.
