ARRANGEMENT, DEED OF, an arrangement under written instrument by a debtor for the benefit of the general body of his creditors for the discharge of his liability. It is not binding on creditors who do not assent. Under the Deeds of Arrangement Act, 1914, such deeds must be registered at the supreme court within seven days of their execution. The majority of creditors must assent within 2 I days after registration before a deed can be declared valid. The trustee must give and maintain security and furnish full periodical accounts. If the deed is not really for the benefit of the creditors, it may be avoided at any time. Provisions are included regarding the trustee and his office. As to composi tion or scheme of arrangement in bankruptcy, see BANKRUPTCY.