Subguarantor

Translation of "subguarantor" into Russian

Noun

/sʌbˈɡɛərəntə/

/sʌbˈɡɛrənˌtɔr/

subguarantor

subguarantors pl

The subguarantor provided additional security for the loan.

Субгарант предоставил дополнительное обеспечение для займа.

Noun

/sʌbˈɡɛərəntə/

/sʌbˈɡɛrənˌtɔr/

A person or entity that provides a secondary guarantee for a financial obligation, supporting the primary guarantor.

The bank required a subguarantor to ensure the loan would be repaid if the primary guarantor defaulted.

Adjective

/sʌbˈɡɛərəntə/

/sʌbˈɡɛrənˌtɔr/

Relating to, involving, or characteristic of a subguarantor or a secondary guarantee.

The agreement set forth the subguarantor obligations in detail.