AVALIZOR Definition

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AVALIZOR is an institution or person who gives an aval.

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SYNDICATE is a group of investment bankers or banks that acts jointly, on a temporary basis, to, in the case of investment bankers, sell securities or to underwrite a new issue of bonds (syndicated capital), or, for the bank syndicate to loan money in a bank credit (syndicated credit).

COMMON LAW is an unwritten body of law based on general custom in England; it is used to some extent in the United States.

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