- Law the duties or office of a receiver
- the state of being administered or held by a receiver
receivership
re·ceiv·er·shipWebster's New World College Dictionary, Fifth Edition Copyright © 2014 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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receivership
noun
Law- The office or functions of a receiver.
- The state of being held by a receiver: The company went into receivership.
THE AMERICAN HERITAGE® DICTIONARY OF THE ENGLISH LANGUAGE, FIFTH EDITION by the Editors of the American Heritage Dictionaries. Copyright © 2016, 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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MLA Style
"Receivership." YourDictionary. LoveToKnow. www.yourdictionary.com/Receivership.
APA Style
Receivership. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/Receivership
Noun
(plural receiverships)
- (law) The office and duties of a receiver.
- (law) The state of being under the control of a receiver.
- (law, business) A form trusteeship of bankruptcy administration in which a receiver is appointed to run the company for the benefit of the creditors.
Origin
receiver +"Ž -ship
English Wiktionary. Available under CC-BY-SA license.
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MLA Style
"Receivership." YourDictionary. LoveToKnow. www.yourdictionary.com/Receivership.
APA Style
Receivership. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/Receivership
receivership - Investment & Finance Definition
An administrative stage in which a company that is in the midst of bankruptcy proceedings attempts to put its affairs in order with the help of a court-appointed trustee. A company is said to be in receivership if it is attempting to avoid liquidation.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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MLA Style
"Receivership." YourDictionary. LoveToKnow. www.yourdictionary.com/Receivership.
APA Style
Receivership. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/Receivership
receivership - Legal Definition
n
The situation of being in the control of a receiver;
functioning as a corporate- or court-appointed receiver; the proceeding at
which a receiver is appointed by the court. See also bankruptcy.
Webster's New World Law Dictionary Copyright © 2010 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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MLA Style
"Receivership." YourDictionary. LoveToKnow. www.yourdictionary.com/Receivership.
APA Style
Receivership. (n.d.). In YourDictionary. Retrieved from https://www.yourdictionary.com/Receivership
