# loan guarantee

> in finance, promise by one party (the guarantor) to assume the debt obligation of a borrower if that borrower defaults

**Wikidata**: [Q3095288](https://www.wikidata.org/wiki/Q3095288)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Loan_guarantee)  
**Source**: https://4ort.xyz/entity/loan-guarantee