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Definitions from WordNet

Definitions from the Web

Cosignatory

Description

A cosignatory refers to a person who signs a document, agreement, or contract along with others, taking responsibility and sharing legal obligations. They often act as witnesses or individuals with a vested interest in the transaction, demonstrating their endorsement and commitment.

Examples

Noun:

1. The cosignatory is required to sign the loan agreement to secure the mortgage.
2. Both parties involved in the business partnership must be cosignatories on the company's bank account.
3. The cosignatories on the will are responsible for overseeing the distribution of the deceased's assets.

Adjective:

1. The cosignatory party must be present during the signing of the contract.
2. As cosignatory members, they have equal rights in decision-making processes.
3. The cosignatory documents should be kept in a secure location.

Related Products:

• Cosignatory Signature Pens
• Cosignatory Contracts: Legal Guide
• Witness Signature Stamps