Iva

/ˈivə/

Meaning & Definition

noun

IVA refers to an Individual Voluntary Arrangement, which is a formal agreement with creditors to pay back debts over a period of time.

After consulting with a financial advisor, she decided to enter into an IVA to manage her debts.

In some contexts, IVA can also refer to a type of financial assurance or investment vehicle.

The new IVA product offers investors a safe way to grow their savings.

IVA can also stand for 'Initial Value Assessment,' commonly used in valuation for businesses.

The company's IVA was evaluated during the merger discussions.

Spanish, from 'impuesto sobre el valor añadido'

iva refund

The process of reclaiming excess value-added tax paid.

calculate the iva

To determine the amount of value-added tax applicable to a sale.

tax

A financial charge imposed by a government on individuals or entities.

fee

A payment made for services rendered.

Informal term for cheating or exploiting tax regulations.

He always finds a way to iva the system.

Referring to overpriced goods due to high taxes.

That store is known for its iva pricing.