Definitions for "Co-maker"
A surety under a loan. The co-maker is equally responsible for repayment as the borrower.
A second party who signs a loan, along with the borrower, and becomes liable for the debt should the borrower default.
A person, other than the borrower, who signs a note in order to give additional protection to the creditor granting the loan, because of the uncertain credit quality of the borrower.