MetaGlossary.com: Aval

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Keywords: Drawee, Guarantor, Inseparable, Obligor, Guarantee

Related Terms: Loc , Credit Default Swap, Surety Bond, Sight Draft, Negotiable Instrument, Letter Of Credit, Good Faith Deposit, Draft, Bill Of Exchange, Acceptance, Bank Bill, Check, Cheque, Dishonor, Drawee, Drawer, Earnest, Guarantee, Honor, Standby Commitment, Performance Bond, Banker's Acceptance, Documentary Credit, Draft, Standby Letter Of Credit, Payer, Forfaiting, Open Account, Irrevocable Letter Of Credit, Guarantee, Negotiating Bank, Check Guarantee, Contract Bond, Bankers' Acceptance, Accepting Bank, Confirmed Letter Of Credit, Bank Guarantee, Documentary Collection, Bankers Acceptances, Commitment, Deposit Bonds, Deposit Bond, Letters Of Credit, Documents Against Payment, Escrow Agreement, Bankers' Acceptance, Acceptor, Bankers Acceptance, Bank Guarantee, Bond

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bank guarantee equivalent to a letter of credit

http://www.justlanded.com/english/spain/tools/just_landed_guide/housing/glo...

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Guarantee added by a bank to an accepted time draft by endorsing the front of the draft "per aval." The avalizing bank becomes obligated to pay the draft at maturity if the drawee/acceptor fails to do so.

http://www.maxtrad.com/glossary.html

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Guarantee requested by the bank to approve a mortgage application

http://www.almeriacoasthomes.com/glossary.htm

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Loan guarantee

http://www.euroresidentes.com/Property/spanish-real-estate-glossary.htm

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