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Guarantorship
Translation of "guarantorship" into Russian
guarantorship
Noun
guarantorship
guarantorships pl
The bank required a guarantorship for the loan.
Банк потребовал поручительство для кредита.
Definitions
guarantorship
Noun
The state or condition of being a guarantor, where one takes responsibility for ensuring that another party fulfills their obligations, typically in a financial context.
The bank required a guarantorship from a third party before approving the loan.
A contractual guarantee provided by a third party to secure another party’s obligations.
Without his parents’ guarantorship, he would not have been able to rent the apartment.