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  1. Mar 8, 2024 · An aval, a third-party guarantee for debt obligations, acts as a crucial risk mitigation tool in finance. This comprehensive article explores the pragmatic facets of avals, their nuanced workings, and their indispensable role in diverse purchase agreements within the finance sector.

  2. Find the latest Grupo Aval Acciones y Valores S.A. (AVAL) stock quote, history, news and other vital information to help you with your stock trading and investing.

  3. Aug 26, 2021 · What Is an Aval? An aval is a guarantee that a third party adds to a debt obligation. This third party, or guarantor, is not the payee or the holder but ensures payment should the issuing...

  4. a payment such as a bill of exchange, promissory note, or cheque which a bank promises to pay if their customer is not able to pay it back themselves: An aval is sometimes referred to as a " bank guarantee ", since a bank is guaranteeing payment of the financial instrument.

  5. Aval definition: (finance) A financial guarantee by a third party to assume the burden of a debt , especially a bill of exchange in the event of default .

  6. Jan 2, 2021 · To avalize is the act of having a third party (usually a bank or lending institution) guarantee the obligations of a buyer to a seller per the terms of a contract, such as a promissory note or ...

  7. Apr 18, 2022 · What is an Aval? Aval refers to a written guarantee by a third party attached to a debt obligation which assures that a bill of exchange will be paid at maturity. The third party that issues an aval is not the drawer, payee, acceptor, endorser or holder of a debt obligation, but guarantees that payment will be made even if the issuing party ...

  8. What does the noun aval mean? There is one meaning in OED's entry for the noun aval. See ‘Meaning & use’ for definition, usage, and quotation evidence.

  9. A guarantee notice that a third party (other than the drawee) places on a draft. This is used when a buyer´s credit is in itself not sufficient to justify a sale, and a more creditworthy party is willing to guarantee the deal.

  10. Jun 26, 2024 · Grupo Aval Acciones y Valores last announced its quarterly earnings results on May 15th, 2024. The bank reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.03. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.01 billion.

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