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Definitions from the Web

Pre IVA

Noun

1. A financial status or condition of an individual or business entity before entering into an Individual Voluntary Arrangement (IVA) with creditors.

Example sentence: John's company was in a state of pre IVA, struggling to meet its financial obligations.

Adjective

1. Relating to or existing before the initiation of an IVA.

Example sentence: The pre IVA financial statements showed significant losses for the business.

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