- to agree to assume the payments on a loan to a hard lender such as a bank, not if but when, the borrowerdefaults on the loan.
"You realize Mr Snodgrass, that you are liable for the full payment of this loan or any unpaid balance thereof, should the borrower fail to meet his contractual obligations? And we're betting that he will based on his financial profile.
1)v.- To be a second party on a loan or purchase of material goods, usually resulting in unwanted debt for the cosignee, and a lesson in life about the limits of friendship and one of the pitfalls of same.
I never should've cosigned for that loan, now I have to pay for a car my buddy crashed before he skipped out on the loan.
To give over to the care of another; entrust.
To deliver (merchandise, for example) for custody or sale.
in other words cossimy,or spot or front merchandise
"Number ten: a strong word called consignment
Strictly for live men, not for freshmen
If you ain't got the clientele say hell no
Cause they gon want they money rain sleet hail snow" -Notorious "Ten Crack Commandments"