An assignment for the benefit of his creditors made by a debtor voluntarily ; as distinguished from a compulsory assignment which takes place by operation of law in proceedings in. bankruptcy or insolvency. Presumably it means an assignment of a debtor … [Read more...]
VOLUNTAS REPUTATUR PRO FACTO
Latin meaning The will is taken for the deed. … [Read more...]
VRAIC
Seaweed. It is used in great quantities by the inhabitants of Jersey and Guernsey for manure, and also for fuel by the poorer classes. … [Read more...]
VOLUNTARY BANKRUPTCY
Bankruptcy that is voluntarily filed by the debtor, as opposed to involuntary bankruptcy which is filed by a creditor of the debtor. … [Read more...]
VOLUNTEER
In conveyancing, one who holds a title under a voluntary conveyance, i.e., one made without consideration, good or valuable, to support it A person who gives his services without any express or implied promise of remuneration in return is called a "volunteer," and is entitled to no remuneration for his services, nor to any compensation for Injuries sustained by him in … [Read more...]