Avalisation: Difference between revisions
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imported>Maw@allmanward.com (Created page with "The specific endorsement on a bill of exchange or draft by a bank, which guarantees payment should the drawee (the importer) default on payment of the bill at maturity. ") |
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Revision as of 14:13, 17 October 2013
The specific endorsement on a bill of exchange or draft by a bank, which guarantees payment should the drawee (the importer) default on payment of the bill at maturity.
