co-maker

noun

co-mak·​er
ˈkō-ˌmā-kər
: 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.

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Cite this Entry

“Co-maker.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/co-maker. Accessed 22 Nov. 2024.

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