Accepting termination of employment by the employer based on terms offered to the employee.
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VOLUNTARY SECTOR
Part of a not-for profit- segment of the economy where quasipublic institutions are exclude. Such as hospitals.
VOLUNTARY STATEMENT
the willing statement of a defendant that is free from coercion that admits to some facts attesting to his guilt.
VOLUNTARY TRADE
Term describing the foundations of the current system of economics.
VOLUNTARY WINDING UP
Procedure for liquidation started by management of the firm following a resolution to do so. Term used in UK.
VOLUNTAS
Lat Properly, volition, purpose, or intention, or a design or the feeling or impulse which prompts the commission of an act; but in old English law the term was often […]
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 […]
VORSTAND
A german corporation ‘s management board . Refer to aufsichtsrat .
VORTAL
Vertical portal .
VOSTRO
Means your account. A local account held for a foreign interest. This helps the company do local currency business. Refer to nostro.
VOSTRO ACCOUNT
Account in local currency held by a coal bank for a foreign bank.
VOTE
Suffrage; the expression of his will, preference, or choice, formally mani- fested by a member of a legislative or deliberative body, or of a constituency or a body of qualified […]
VOTER
One who has the right of giving his voice or suffrage.
VOTES AND PROCEEDINGS
In the houses of parliament the clerks at the tables make brief entries of all that is actually done; aud these minutes, which are printed from day to day for […]
VOTING AGREEMENT
Plan where 2 or more share holders combine voting shares and take part in decisions and choosing members of the board.
VOTING CAP
The most power a shareholder can have in a given company as related to their votes.
VOTING RIGHT
Delegable right of a common share holder to vote in decision making processes and to select board members.
VOTING RIGHTS ACT
a federal law that provides a person with the right to vote without any conditions or requirements .
VOTING STOCK
Common shares give the owner the right to vote at the AGM. Also known as voting shares.
VOTING TRUST
Agreement for voting where the share holder transfers voting shares to a trustee and receives a voting trust certificate .
VOTING TRUST CONTROL
When trustees have control of a corporation . This seperates ownership and control because a trust has no stock. Refer to legal mechanism, majority, managment, minority, and total controls.
VOTUM
Lat. A vow or promise. Dies votorum, the wedding day. Fleta 1. 1, c. 4.
VOUCH
To call upon; to call in to warranty ; to call upon the grantor or warrantor to defend the title to an estate. To vouch is to call upon, rely […]
VOUCHEE
In common recoveries, tlie person who is called to warrant or defend the title is called the “vouchee.” 2 Bouv. Inst, no. 2093.
VOUCHER
Document confirming an action has occurred.