IVA Meaning in the Cambridge English Dictionary
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Meaning of “IVA” in the English Dictionary

"IVA" in Business English

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IVAnoun [C]

uk   us   LAW
abbreviation for individualvoluntaryagreement: an ​arrangement in the UK between a ​person or ​company that ​owesmoney and the ​people or ​companies they ​owe. An IVA ​allows the ​person or ​company that ​owesmoney to ​avoidformally going bankrupt: The ​debtor must make ​payments to ​creditors as ​specified in the IVA.
(Definition of IVA from the Cambridge Business English Dictionary © Cambridge University Press)
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