#backed by an aval

• Backed by an aval — Having been guaranteed through the application of an aval signature; a promissory note, bill of exchange, or commercial paper for which a guarantor (avalist) has assumed joint and unconditional liability for payment in case of default by the primary debtor.
• Backed by an aval — The feminine form of 'avalizat'; having been secured or protected through the application of an aval; a bill of exchange or commercial obligation guaranteed by a jointly liable third party.