IPA: /ˈkoʊˌsaɪnər/
KK: /ˈkoʊˌsaɪnər/
A person who signs a loan or agreement along with another person, agreeing to take responsibility for the debt if the other person fails to pay.
My parents acted as cosigners on my student loan to help me secure better terms.
Cosigner → It is formed from "co-" (meaning together) and "signare" (meaning to sign). The word refers to a person who signs a document together with another, typically to guarantee a loan or obligation.
Think of two people 'together' ('co-') 'signing' ('signare') a document — that's what a cosigner does.