Etymologically the word guarantor comes from the French "guarantee", and this in turn from the Germanic "Warren" which means "to take responsibility, to ensure". This term is used to define the person who gives guarantee on something. For example: "my brother asked me to be his guarantor for a loan he applied for." However, if you want to understand a little better what this word is about, you must first know the term that is closely linked to it, in this case "guarantee". The guarantee is defined in the Dictionary of the Royal Spanish Academy (RAE) as "the effect of securing what is stipulated" that trust or security must be backed by a guarantor, the guarantor can be real or symbolic. It is real when the person acquires acommitment to give guarantee on something specific; it is symbolic when the person makes use of their name or prestige as a guarantee.
Within the legal framework, the figure of the guarantor is one who undertakes to respond for another person, when this person (for some reason), could not meet their debts. For example: if a person wants to rent a premises, he must present a guarantor to the owner of the premises, so that if at any time, the tenant does not cancel the rent, the guarantor must cancel the debt, since he offered the guarantee that it will be I was going to cancel the payment.
The legal guarantee that is granted on a product, makes the company or trademark that promotes and sells it, as a guarantor that said product is of quality, these guarantees are generally granted in writing and give the buyer the right to repair, refund or reduction in the price of the product you purchased.
On the other hand, those institutions or personalities that resort to their reputation or responsibility, to offer a guarantee for the resolution of a confrontation, is also called a guarantor. For example, when there is a dispute between two countries, a third country can offer itself as a guarantor of conciliation and concord while the negotiations last, it will ensure that the nations that are in conflict do not succumb to violence while they are negotiating.
