An arrangement in which a person becomes liable for the debts of another party, in case the other party fails to clear their dues on time. Can be regarded similar to a blank check that has been signed, but does not have a date.
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An arrangement in which a person becomes liable for the debts of another party, in case the other party fails to clear their dues on time. Can be regarded similar to a blank check that has been signed, but does not have a date.
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