#banking term

• Annuity — A sum of money paid periodically, usually at equal intervals of a year or a month, representing the repayment of a portion of a borrowed capital and its accrued interest; a constant or variable installment paid for the gradual liquidation of a debt or the establishment of an annuity.
• Aval backing — The act of guaranteeing a bill via an aval and its result; the legal and financial operation through which a physical or legal person guarantees by signature the payment of a bill of exchange or promissory note, assuming joint liability for extinguishing the commercial debt.
• Avalist — A physical or legal person who guarantees by signature (aval), on a bill of exchange or a promissory note, the payment of this credit title at maturity, becoming jointly and unconditionally liable alongside the guaranteed party.
• Female avalist — A female person or a legal entity (represented by a female) that guarantees by signature (aval), on a bill of exchange or a promissory note, the payment of this credit title at maturity, becoming jointly and unconditionally liable alongside the guaranteed party.
• 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.