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  1. Oxford Dictionary

    individual voluntary arrangement

    • n.
      (in England and Wales) a legal agreement made between a person unable to pay their debts and their creditors, which allows the debts to be paid off over a stated period of time

    • noun: individual voluntary arrangement, plural noun: individual voluntary arrangements

    • 釋義

    名詞

    • 1. (in England and Wales) a legal agreement made between a person unable to pay their debts and their creditors, which allows the debts to be paid off over a stated period of time 28,062 people either went bankrupt or entered individual voluntary arrangements during the third quarter