Glossary entry

Spanish term or phrase:

Aval solidario

English translation:

joint and several guarantor

Added to glossary by Michael Powers (PhD)
May 24, 2007 23:39
16 yrs ago
18 viewers *
Spanish term

Aval solidario

Spanish to English Bus/Financial Management Spain
This is part of a Commercial Credit Arrangement Sheet.

Garantías

Societaria hipotecaria del inmueble situado en 1234 S. Bayshore Dr. (Cocnut), Miami Aval solidario del accionista Juan Pérez Capote.

Proposed translations

+1
1 hr
Selected

joint and several guarantor

Peer comment(s):

agree MikeGarcia : Indudable!!!
8 hrs
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4 KudoZ points awarded for this answer. Comment: "Claro que sí. Muchas gracias, Mike :)"
5 mins

supporting reference

aval m
a (Com, Fin) guarantee, guaranty
b (respaldo) backing, support;
c (recomendación) reference

aval bancario bank guarantee

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Note added at 6 mins (2007-05-24 23:45:59 GMT)
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The least binding option.
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