Meaning of the word cosigner in English

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

cosigner

US /ˈkoʊˌsaɪnər/
UK /ˈkəʊˌsaɪnər/

Noun

a person who signs a document, especially a loan agreement, jointly with another person, and thus incurs joint or separate liability for the debt

Example:
My parents had to be my cosigner for my first apartment lease.
Finding a cosigner can be difficult if you have a poor credit history.