Another person or firm who legally pledges to repay some or all of the money loaned if the original borrower fails to do so is called a ________________ .
A. Warrantor
B. cosigner
C. guaranty
D. codebtor
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Terms in this set (10)
A bond is a form of _______________________ through which a corporation agrees to repay the amount that was borrowed together with ____________________________ over a period of time in the future.
A. financial investment; guarantees the investment
B. initial public offering; a rate of interest
C. a financial contract, a rate of interest
D. financial instrument; a rate of return