Meaning of the word co-signer in English

What does co-signer mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

co-signer

US /ˈkoʊˌsaɪ.nɚ/
UK /ˈkoʊˌsaɪ.nɚ/
"co-signer" picture

Noun

1.

a person who signs a document, especially a loan agreement, jointly with another person or persons, and thereby guarantees payment or performance

Example:
My parents had to be a co-signer for my first apartment lease.
Without a co-signer, I wouldn't have been approved for the car loan.
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