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Mainland-European term for an unconditional
(usually the importer's or buyer's bank) guaranty of the
of a bill of exchange or
. Also called avalization, avalkredit, bon aval, pour aval.
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Popular 'International Trade & Relations' Terms
letter of credit (L/C)
cost and freight (C&F)
free on board (FOB)
bill of lading (B/L)
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