Look up: Aval

1. Aval
   Term meaning inseparable from the financial instrument. This gives a guarantee and is abstracted from the performance of the underlying trade contract: Article 31 of the 1930 Geneva Convention of the Bills Of Exchange states that the aval can be written on the bill itself or on an allonge. US Banks are prohibited from avalizing drafts.
   Found on http://www.duke.edu/~charvey/Classes/wpg
   
   
2. Aval
   `Aval` (or endorsement), in Spanish and some other systems of law, is a joint commitment to payment of an obligation in favor of the creditor or beneficiary. It is granted by a third party, in case the principal debtor does not fulfil the obligation of payment of a credit title. According to the ...
   Found on http://en.wikipedia.org/wiki/Aval
   
   
3. Aval
   (film) ) is a 1967 Malayalam film directed by P. M. A. Azeez with Madhu, K. P. Ummer, Adoor Bhasi, Kaduvakulam Antony, Kedamangalam Ali, Krishnankutty, Maya, Meenakumari, accessdate=June 16, 2011-->--> It was the first Malayalam film to be directed by a Pune Film Institute|Film Institute grad...
   Found on http://en.wikipedia.org/wiki/Aval