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Co-Maker

co-maker n

: one of two or more persons who sign an instrument to indicate a promise to pay a financial obligation NOTE: Any co-maker may be sued for the entire amount of the indebtedness, although a co-maker who is forced to pay more than his or her share may seek contribution from the other co-makers.


Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.