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词汇 voluntary-arrangement
释义 voluntary arrangement
noun[ C ]
 FINANCE, LAWukus
in the UK, an agreement between a person or company that owes money and is in financial difficulty and their creditors. This allows them to avoid being made officially bankrupt:
One way of reducing repayments is to enter into a voluntary arrangement with your creditors.
See also
IVA

Examples of voluntary arrangement


voluntary arrangement
An attempt was made to secure a company voluntaryarrangement in order to be in a position to apply for a relaunch of operations.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
As of late 2006 the company entered into a creditors voluntaryarrangement.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Today, a right of codetermination exists by law in universities, and occasionally in private companies or government bodies by voluntaryarrangement.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
A company voluntaryarrangement can only be implemented by an insolvency practitioner who will draft a proposal for the creditors.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
In this process, a debtor who has enough money left over after priority creditors and essential expenses, may be able to arrange an individual voluntaryarrangement.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Transfer of payments can be made independently of the agency (approximately 46% of cases) or via the agency as either a voluntaryarrangement, or through enforcement.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
It is a voluntaryarrangement; it is not compulsory.
From Europarl Parallel Corpus - English
I find this voluntaryarrangement to buy back milk quotas counterproductive.
From Europarl Parallel Corpus - English
It was a purely voluntaryarrangement.
The real difficulty in making a voluntaryarrangement is the lack of organisation among the farmers themselves.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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