aval
Noun
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002
Noun
aval (plural avals)
- (finance, law) A financial guarantee by a third party to assume the burden of a debt, especially a bill of exchange in the event of default.
aval (not comparable)
- (rare) Of, related to, or characteristic of a grandparent.
- 1973, Wilfred T. Neill, Twentieth-Century Indonesia, Columbia University Press (1973), ISBN 0231035470, page 299 ↗:
- Sosrodihardjo found it hard to support his children, and the young Sukarno was sent to stay with his grandmother […] Believing that the boy had supernatural powers of healing, she put him to licking the afflicted parts of ailing villagers, and decided that he would be a clairvoyant. But alas for aval ambitions; Sukarno turned out to be a visionary of quite a different sort.
- 1973, Wilfred T. Neill, Twentieth-Century Indonesia, Columbia University Press (1973), ISBN 0231035470, page 299 ↗:
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002