#commercial law

• 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 — 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.
• Feminine avalist — The feminine form of avalizator; a woman or a legal entity (such as a corporation or bank) that guarantees the payment of a promissory note or bill of exchange by signing it. As an adjective, it describes an entity, clause, or action having the role, function, or property of granting an aval, securing the enforcement of commercial credit obligations.
• Avalist — A natural or legal person who guarantees the payment of a bill of exchange or promissory note by signing the instrument, acting as a guarantor for one of the liable parties. The avalist assumes joint and several liability, becoming directly responsible for settling the debt if the principal debtor or guaranteed endorser fails to meet payment obligations at maturity.