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Avalize

  

This sounds really intense. Like, "doctor, don't avalize her yet! Let's at least wait for those last test results to come in." But it's actually a financial term.

It means that a bank (or some other financial institution) puts an aval on something. An aval is a kind of endorsement or guarantee (See: Aval). Maybe a little intense if there's big money involved, but not call-the-doctor intense.

Related or Semi-related Video

Finance: What is Counterparty Risk?9 Views

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Finance a la shmoop what is counterparty risk?

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alright here's you the party and here's the guy you're contracting with to sell [Woman and man stood side by side]

00:12

18 tons of bricks or buy a line of credit for your flower shop or sell a

00:17

futures contract with the right to buy oil at 80 bucks a barrel for the next [Person signs contract]

00:21

two years so you're the party and he's the counterparty and the yin and yang of

00:27

the party and here's the risk yeah well the counterparty risk is just

00:31

that the person you contracted with doesn't live up to their end of the

00:35

bargain you pay them good money you sign a good contract all lawyered up and [Stack of money and contract appears]

00:40

stuff and then they split like totally split disappeared sea men choose the

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bottom of the ocean maybe they went to Bora Bora

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maybe they got facial surgery in the Philippines you know they do that now [George Clooney in a surgical bed]

00:50

well when that happens you will probably feel like crying and you should its your

00:54

counterparty you can cry if you want to come on that was a good reference people [Man singing]

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