Cosign

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Cloud Computing  Jul 21  Comment 
ARX, der weltweit führende Anbieter digitaler Signaturlösungen, gibt bekannt, dass sein Vorzeigeprodukt CoSign die Common Criteria EAL4+-Zertifizierung von OCSI erhalten hat. Die italienische ...
Cloud Computing  Jun 5  Comment 
ARX Inc. announced today that Forrester Research, Inc. has recognized CoSign as "the strongest digital signature solution," according to its The Forrester Wave™: E-Signatures, Q2, 2013 report. read more
CNNMoney.com  Nov 4  Comment 
You've tried to give your kids every leg up, paying for their ballet lessons, braces, bursar bills, and more. But as they approach adulthood, they may "need" something more precious than your money: your signature.




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Cosign

Cosignatory, co-signatory, cosigner, persons or state signing a treaty or other document jointly with others. [1] If a loan has a cosigner, and the borrower dies, that cosigner is considered liable for the debt. [2]

When you cosign a note, you are taking on someone else’s debt. Debt is an excess of liabilities over assets. The concept is really that of co-borrowing instead of just cosigning. [1] When you co-sign, you're not vouching for the person's good name or character. You're not promising to tell the creditor where to find the cardholder if those payments stop coming. You're agreeing to foot the bill. All of it. Along with fees and interest. [3]

c.1300, to make the sign of the cross. Sense of "to mark, stamp" is attested from mid-14c.; that of "to affix one's name" is from late 15c. [4]

References

  1. Biblical Principles for Becoming Debt Free!: Rescue Your Life & Liberate Your Future Rich Brott ISBN-10: 1886849854 pg182
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