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. ") |
imported>Doug Williamson m (Links added and spacing - 30/10/13) |
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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. | 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. | ||
==See also== | |||
* [[Aval]] | |||
* [[Bill of exchange]] | |||
Revision as of 09:39, 30 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.
