GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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07:00 Dec 6, 2001 |
Hungarian to English translations [PRO] Bus/Financial | |||||
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| Selected response from: Eva Blanar Hungary Local time: 15:08 | ||||
Grading comment
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Summary of answers provided | ||||
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5 +1 | joint and several guarantee |
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5 | guarantee |
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4 | primary guaranty |
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5 -2 | aval |
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primary guaranty Explanation: a third party mást jelent |
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aval Explanation: Bank- és tőzsdeszótár, 26. oldal Ez a kis szó a kérdezett kifejezés egészét jelenti. Aval Guarantee added by a bank to an accepted time draft by endorsing the front of the draft "per aval." The avalizing bank becomes obligated to pay the draft at maturity if the drawee/acceptor fails to do so. |
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