Cosigner

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Definition: Cosigner

Cosigner

Quick Summary of Cosigner

A person who signs his or her name to a loan agreement, lease or credit application. If the primary debtor does not pay, the cosigner is fully responsible for the loan or debt. Many people use cosigners to qualify for a loan or credit card. Landlords may require a cosigner when renting to a student or someone with a poor credit history.

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What is the dictionary definition of Cosigner?

Dictionary Definition

one of two or more signers of the same document (as a treaty or declaration)

  1. A cosignatory
  2. A person who accepts joint responsibility for the debt of another

Synonyms For Cosigner

Cosignatory

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/cosigner/
Modern Language Association (MLA):
Cosigner. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/cosigner/.
Chicago Manual of Style (CMS):
Cosigner. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cosigner/ (accessed: April 23, 2024).
American Psychological Association (APA):
Cosigner. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cosigner/

Definition Sources

Definitions for Cosigner are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 0 Views.