Definition of IVA in English:

IVA

noun

  • ‘economists expect an increase in IVAs when interest rates go up’
    • ‘The company has a 7% share of the IVA market, and its turnover for the year to the end of March increased five-fold to 2.5 million.’
    • ‘His first real manifestation of concern was after the rejection of his proposed IVA by the creditors' meeting.’
    • ‘CCJs, IVAs, bankruptcy, defaults, missed payments etc are not any longer aiming to limit your approval for finance.’
    • ‘The number of Individual Voluntary Arrangements (IVAs) has shot up by 40% compared to the same period last year.’
    • ‘Bankruptcy or an IVA leaves a six-year stain on your credit record, which means no borrowing for a long time, so it's not to be taken lightly!’
    • ‘Postponed from yesterday, I visited The High Courts today to swear an affadavit and hand in my application for an IVA.’
    • ‘A borrower can enter into an IVA against the wishes of the bank and much of his/her debt to the bank must be written off.’
    • ‘If you are also thinking in the same way then you may go to prepare a new IVA plan for repayment of your loans.’
    • ‘As part of the firm's service, if an IVA is appropriate for a customer, it will negotiate on their behalf with their creditors.’
    • ‘One of the things that has happened in the last 3 days is that my IVA has been ratified.’