windbill

Definitions

A signed agreement to act as guarantor for another's debt.

slang

Examples

“He would have⟳ got a bank-credit, manoeuvred with windbills, dashed out upon a large scale, and soon have⟳ seen his crop and stock⟳ sequestered by the Sheriff'; but in those days a man could not ruin himself so easily.”

“How frequently do we find⟳ persons establishing an extensive business on credit when they have⟳ no funds of their own⟳; using windbills and sometimes forgeries; furnishing elegant houses with money which is not their own⟳; living in luxury and splendour; dashing along in gigs and landaus; ...”

“But then culpa tenet suos auctores, and that would bring⟳ the case to this question⟳, had the master authority from the owner to grant this windbill of lading?”

CEFR level