voluntary arrangement
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Factory Transmedia Ltd, based in Altrincham, Greater Manchester, has been put into a creditors' voluntary arrangement.
From BBC ● Apr. 12, 2024
The general secretary of Prospect, Mike Clancy, said the current voluntary arrangement is not sufficient.
From BBC ● May 18, 2022
Ted Richardson, the long-serving chairman, entered an individual voluntary arrangement in July and is awaiting the ruling of a Rugby Football League tribunal which could force him to step down from the board.
From The Guardian ● Sep. 22, 2010
Effectively relegated to the Championship following Saturday's home defeat against Sunderland, the east Yorkshire club are £35m in debt and face the grim probability of entering either administration or a creditors' voluntary arrangement.
From The Guardian ● Apr. 26, 2010
And even when his insolvency becomes public and default occurs, a debtor may still avert bankruptcy if he is able to effect a voluntary arrangement with his creditors.
From Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy" by Various
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
