voluntary arrangement

USAGE SUMMARY

The phrase "voluntary arrangement" is correct and usable in written English.
It can be used in contexts related to agreements or plans that are made willingly by the parties involved, often in legal or financial situations. Example: "The debtor entered into a voluntary arrangement with creditors to repay the outstanding debts over a specified period."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

"We cannot exit administration until a Company Voluntary Arrangement (CVA) is arranged and completed," he said.

BBC

It entered a company voluntary arrangement in March, allowing it to reduce its rent bill.

The Washington Post

Debenhams will very likely end up either with a successful Company Voluntary Arrangement or a Receivership.

The Guardian - Business

The choices were clear – bankruptcy or, if we were lucky, an individual voluntary arrangement.

The Guardian - Money

That was part of a voluntary arrangement the A.M.A. reached with the data companies.

The New York Times

Mr. Shays said the current accounting problems showed that a voluntary arrangement was not enough.

The New York Times

Eventually we had to take out an individual voluntary arrangement (IVA) with our creditors".

The Guardian - Money

"I want to exit administration with a CVA (company voluntary arrangement).

Independent

BHS files a company voluntary arrangement, with landlords accepting sharp cuts to the rent on 87 of BHS's 164 shops.

The Guardian - Business

Last year it used a company voluntary arrangement (CVA) – a form of insolvency procedure – to close 89 loss-making stores.

The Guardian - Business

JJB narrowly avoiding bankruptcy last year by ditching loss-making stores with a company voluntary arrangement – an agreement with landlords.

The Guardian - Business

Expert writing Tips

Best practice

When discussing formal business or legal contexts, use "voluntary arrangement" to indicate a cooperative agreement, especially when restructuring finances or debts.

Common error

Avoid implying that a "voluntary arrangement" is something one party imposes. It necessitates mutual consent and agreement among all involved parties.

Linguistic Context

The phrase "voluntary arrangement" functions primarily as a noun phrase. It typically acts as the subject or object of a sentence, denoting an agreement or plan entered into willingly. Ludwig AI affirms this usage, highlighting the phrase's role in describing cooperative agreements.

Expression frequency: Very common

Frequent in

News & Media

64%

Formal & Business

27%

Wiki

5%

Less common in

Science

4%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "voluntary arrangement" is a grammatically sound and frequently used noun phrase. Ludwig AI confirms its appropriateness in describing agreements made willingly, especially in business and legal contexts. While the phrase is neutral in tone, it tends to appear more often in news reports, formal business documents, and legal discussions. When using "voluntary arrangement", it's crucial to emphasize the mutual consent involved and avoid implying unilateral action. Alternatives like "voluntary agreement" or "consensual agreement" can be considered for subtle variations in meaning.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

voluntary agreement

This phrase is a more general term, emphasizing the agreement aspect.

consensual agreement

Highlights the mutual consent involved in the arrangement.

agreed settlement

Focuses on the resolution reached through the arrangement.

mutual understanding

Emphasizes the shared comprehension between parties.

private treaty

Implies a more formal, legal agreement.

amicable settlement

Highlights the friendly nature of the arrangement.

out-of-court settlement

Specifies that the arrangement avoids legal proceedings.

informal agreement

Suggests a less structured and legally binding arrangement.

negotiated settlement

Emphasizes the process of negotiation leading to the arrangement.

collaborative agreement

Focuses on the cooperative aspect of the arrangement.

FAQs

What is a "voluntary arrangement"?

A "voluntary arrangement" is a cooperative agreement between parties, often in business or legal settings, where all involved willingly agree to the terms. It often involves settling debts or restructuring finances.

How does a company "company voluntary arrangement" (CVA) work?

A "company voluntary arrangement" (CVA) is an insolvency procedure that allows a company facing financial difficulties to come to an agreement with its creditors regarding the repayment of its debts over a set period.

What are some alternatives to "voluntary arrangement"?

Depending on the context, you can use alternatives such as "voluntary agreement", "consensual agreement", or "agreed settlement" to convey a similar meaning.

In what situations is it appropriate to use the term "voluntary arrangement"?

The term "voluntary arrangement" is suitable when describing situations where parties willingly enter into an agreement, especially in the context of debt restructuring, financial settlements, or business agreements. It's less appropriate when describing unilateral actions or mandates.