Legal Definitions - fidejussor

fidejussor

A fidejussor is a person who promises to pay someone else's debt. In Roman law, a fidejussor is a guarantor who agrees to pay back a loan if the borrower cannot. In maritime law, a fidejussor acts as bail for a defendant in the Court of Admiralty.

1. John needed a loan to start his business, but the bank was hesitant to lend him the money. His friend Tom agreed to be a fidejussor and promised to pay back the loan if John couldn't.

2. In a maritime court case, the defendant may need a fidejussor to act as bail. This means that the fidejussor promises to pay a certain amount of money if the defendant doesn't show up for their court date.

These examples show how a fidejussor is someone who takes on the responsibility of paying back a debt or acting as bail for someone else. They are essentially a guarantor who promises to pay if the borrower or defendant cannot.