Uh oh! You're not
+ Create New Flashcard
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.
You Also Might Like...
How to Void a Check - Avoid Fraud and Unauthorized ...
A check is physical, legal contract that effectively represents a promissory note to pay the amounts indicated in numeric and written values, to the payee designated in the "pay to" section. Your signature authorizes the amount indicated to be ...
Deed of Trust vs. Mortgage
When buying a home most of us don't have the cash immediately available to simply buy the home outright, which results in the need for home loans. In order to secure a home loan lenders require the home to be put up as security, and the most common ...
How to Read a Government Bill
How to Monitor Your Credit - For Free!
Copy & paste this HTML in your website to link to this page
Popular 'International Trade & Relations' Terms
letter of credit (L/C)
cost and freight (C&F)
free on board (FOB)
bill of lading (B/L)
Browse Dictionary by Letter: