#promissory note
- Endorser — A physical or legal person who transfers the ownership rights of a negotiable instrument made to order (such as a bill of exchange, promissory note, or check) to another party, by writing a special endorsement on the back of the document. Through this structural legal act, the endorser typically becomes a guarantor for the payment of the instrument to subsequent holders, ensuring the continuity of the commercial circuit.
- To back a bill — To guarantee by signature (aval) the payment of a bill of exchange, promissory note, or other commercial paper, becoming jointly liable alongside the primary debtor in case of default at maturity.
- Aval backing — The act of guaranteeing a bill via an aval and its result; the legal and financial operation through which a physical or legal person guarantees by signature the payment of a bill of exchange or promissory note, assuming joint liability for extinguishing the commercial debt.
- Avalist — A physical or legal person who guarantees by signature (aval), on a bill of exchange or a promissory note, the payment of this credit title at maturity, becoming jointly and unconditionally liable alongside the guaranteed party.
- Female avalist — A female person or a legal entity (represented by a female) that guarantees by signature (aval), on a bill of exchange or a promissory note, the payment of this credit title at maturity, becoming jointly and unconditionally liable alongside the guaranteed party.
- To back a bill — To guarantee by signature (aval) the payment of a bill of exchange, a promissory note, or another commercial paper, assuming the obligation to pay the inscribed amount if the primary debtor fails to meet their duties at maturity.
- Feminine avalist — The feminine form of avalizator; a woman or a legal entity (such as a corporation or bank) that guarantees the payment of a promissory note or bill of exchange by signing it. As an adjective, it describes an entity, clause, or action having the role, function, or property of granting an aval, securing the enforcement of commercial credit obligations.
- Avalist — A natural or legal person who guarantees the payment of a bill of exchange or promissory note by signing the instrument, acting as a guarantor for one of the liable parties. The avalist assumes joint and several liability, becoming directly responsible for settling the debt if the principal debtor or guaranteed endorser fails to meet payment obligations at maturity.