In reference to law, “voluntary” is used to indicate willfulness or intention. For example:
“Voluntary waste” is the willful act of damaging a property or depleting natural resources available on the property. “Voluntary...wex definitions
voluntary bankruptcy
Voluntary bankruptcy is a bankruptcy proceeding commenced by the debtor; bankruptcy instituted by an adjudication upon a debtor’s petition.
Involuntary bankruptcy, on the other hand, is a bankruptcy case initiated by a...
voluntary manslaughter
Killing another person without deliberation, premeditation, or malice aforethought. Committed while in the heat of passion, or else, as a result of some kind of adequate provocation.
voluntary waste
Voluntary waste, also referred to as affirmative waste, refers to overt and willful acts of destruction performed by a tenant or life tenant that lead to the drop in value of a piece of property by harming the property or depleting natural...
voter bill of rights
Voter bills of rights are collections of voting rights and protections adopted in many states. While they vary greatly by state, they often include basic information on voting eligibility, where a person can vote, privacy, right to assistance...
voting trust
A trust formed when individual shareholders transfer both the legal title and voting rights in their shares to a trustee. The trustee then controls a unified voting block - with a stronger voice on matters of corporate governance than the individual...
W-2 form
The W-2 form, the "Wage and Tax Statement," is an IRS form provided by the employer that reports the employee's income, the amount of taxes withheld from wages, benefits provided and other important information for the previous calendar year...
wage attachment
Wage attachment, also known as wage garnishment, is a court order by which the court attaches debtors' wages to help pay their creditors by directly transferring the wages to the creditors. Although a wage attachment order can be obtained...
wages
Wages are payment, usually financial, that an employee receives in exchange for their labor from an employer. Wages include salaries, bonuses, tips, etc.
As of April 2021, the federal minimum wage for covered nonexempt...
waiting period
The waiting period is the stage in the initial public offering (IPO) process after the issuer files their registration statement with the Securities and Exchange Commission (SEC) and waits for the SEC to declare their registration statement...