Third party bank or lending institution guarantees buyer obligation to a seller for a loan, purchase agreement or promissory note. When the third party avals the contractual document, it acts as a cosigner for the buyer. Banks or lending institutions will only avalize with extremely lucrative customers, to minimize their own risk.
Related information about avalize:
- Avalize Definition | Investopedia
The act of having a third party (usually a bank or lending institution) guarantee the obligations of a buyer to a seller per the terms of a contract such as a ...
- What is avalize? definition and meaning
Definition of avalize: Third party bank or lending institution guarantees buyer obligation ... Banks or lending institutions will only avalize with extremely lucrative ...
- Avalize Law & Legal Definition
Avalize is the process by which a third party usually a bank guarantees the undertaking of the drawee to meet their responsibility under a bill of exchange.
- Avalize - YouTube
Avalize. Subscribe Subscribed Unsubscribe. Loading icon Loading... 1 subscribers. 822 video views ... Avalize | Graffiti 3D. 822 views. by Avalizen 1 year ago ...
- Avalize | Graffiti 3D - YouTube
Sep 25, 2011 ... Avalize | Graffiti 3D. Avalizen. Subscribe Subscribed Unsubscribe. Loading icon Loading... 1 video. Loading... Alert icon. You need Adobe ...
- Avalizing Party
What Does Avalize Mean? The act of having a ... Investopedia explains Avalize To avalize means "to give one's accord". It is a rarely used but is ...
- Swedish Law Blog: Swedish Law – Aval
Feb 19, 2009 ... I was recently asked by a client what ”aval” or “avalize” meant. A foreign manufacturer had asked his customers for “avalized banker's drafts”.
- Welcome to HSBC
... customers exporting to countries where issuance of letters of credit is costly or where banks cannot avalize Bills of Exchange due to compliance regulations.