meaning of aval

aval meaning in Law Dictionary

In French law. The guaranty of a bill of change; so named because often put within foot or base (aval) of this costs. Story, Bills,

aval meaning in Business Dictionary

Mainland-European term for an unconditional third-party (usually the importer's or purchaser's lender) guaranty regarding the payment of a bill of change or promissory note. Also referred to as avalization, avalkredit, bon aval, pour aval.

aval - German to English


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  • guarantee [surety]
  • surety for payment
  • surety

aval - French to English

guarantee [endorsement]

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  • downstream location