Voluntary Assignment
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
An assignment made by a debtor in trust for the benefit of his creditors. So called in contradistinction from "compulsory assignments," or such as are made under statutes of bankruptcy and insolvency, or by order of some competent court. Burrill, Assignm. p.
4; 10 Paige (N. Y.) 445; 1 Comst. (N. Y.) 201.