Aval
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Revision as of 19:58, 17 August 2014 by
imported>P.F.cowdell@shu.ac.uk
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A third party guarantee of payment on a bill of exchange or promissory note.
See also
Avalisation
Bill of exchange
Forfaiting
Negotiable instrument
Promissory note
Categories
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Trade finance
Liquidity management
Manage risks
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