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aval

noun
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\ aˈval \
plural -s

Definition of aval

civil law
: a written engagement by one not a drawer, acceptor, or indorser of a note or bill of exchange that it will be paid at maturity

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History and Etymology for aval

French

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“Aval.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/aval. Accessed 25 January 2020.

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