mainpernor (Meaning)
Webster
mainpernor (n.)
A surety, under the old writ of mainprise, for a prisoner's appearance in court at a day.
Synonyms & Antonyms of mainpernor
No Synonyms and anytonyms found
mainpernor Sentence Examples
- The mainpernor guaranteed the payment of the loan in case the borrower defaulted.
- The mainpernor acted as a guarantor, promising to pay the debt if the principal debtor could not.
- The mainpernor's liability was secondary to that of the principal debtor.
- The mainpernor was required to possess sufficient assets to cover the potential debt.
- The role of the mainpernor was often undertaken by a friend or family member of the borrower.
- The mainpernor's consent was typically obtained before a loan was granted.
- The mainpernor had the right to be informed of any changes to the original agreement.
- The mainpernor could be released from liability if the borrower made all required payments.
- In some cases, the mainpernor may have been able to subrogate against the principal debtor.
- The mainpernor's responsibility was to ensure that the debt would be paid, even if the borrower failed to fulfill their obligations.
FAQs About the word mainpernor
A surety, under the old writ of mainprise, for a prisoner's appearance in court at a day.
No synonyms found.
No antonyms found.
The mainpernor guaranteed the payment of the loan in case the borrower defaulted.
The mainpernor acted as a guarantor, promising to pay the debt if the principal debtor could not.
The mainpernor's liability was secondary to that of the principal debtor.
The mainpernor was required to possess sufficient assets to cover the potential debt.
