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Aval
(redirected from Avale)

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Aval
Term meaning inseparable from the financial instrument. This gives a guarantee and is abstracted from the performance of the underlying trade contract: Article 31 of the 1930 Geneva Convention of the Bills Of Exchange states that the aval can be written on the bill itself or on an allonge. US Banks are prohibited from avalizing drafts.
Aval
A third party guarantee, especially by a bank, that ensures payment on a note, bond, or other debt instrument in the event of default. This is practiced in Europe more often than in the United States, as American banks have tighter restrictions on bank guarantees.
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De plus, de peur d'etre avales par le grand systeme des soins actifs dans les diverses experiences de reforme de la sante enclenchees au Canada, nous avons tendance a opter pour le protectionnisme et a resister aux tentatives visant a integrer pleinement la sante publique dans le systeme de sante.
Positioning Public Health for future success in Canada/Positionner la ... by Neudorf, Cordell "Cory" / Canadian Journal of Public Health
AVale spokesperson said last night: "The council wishes to reassure the MP Mr Smith publicly that it has anticipated the need for the safeguards he is proposing.
Vale social services under pressure after abuse case; Foster family ... by South Wales Echo (Cardiff, Wales)
Le Palimpseste de la Shoah dans l'avalee des avales de R.
Bibliography for work in Holocaust studies by Lisiak, Agata; Vasvari, Louise O.; de Zepetnek, Steven Totosy / CLCWeb: Comparative Literature and Culture
 
 
 
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