Receivership Definition

rĭ-sēvər-shĭp
noun
The duties or office of a receiver.
Webster's New World
The state of being administered or held by a receiver.
Webster's New World

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

(law, business) A form trusteeship of bankruptcy administration in which a receiver is appointed to run the company for the benefit of the creditors.

Wiktionary

Other Word Forms of Receivership

Noun

Singular:
receivership
Plural:
receiverships

Origin of Receivership

Receivership Sentence Examples

  • In what circumstances should a receivership application be made?

  • If the person acting on the claimant's behalf has power of attorney or receivership they need not apply to become an appointee.

  • The Center will open toward the end of 2006 although we have recently heard that unfortunately the main building contactor has gone into receivership.

  • Administrative Receivership New provisions prohibit a floating charge holder from appointing an Administrative Receiver, subject to certain exceptions.

  • Support for Banks and other mortgagees We can offer lenders expert and strategic advice on all aspects of property-based recovery and fixed charge receivership.

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Words Starting With

RREREC

Words Ending With

PIPHIP

Unscrambles

receivership

Words Starting With R and Ending With P

Starts With R & Ends With PStarts With RE & Ends With PStarts With R & Ends With IP

Word Length

12 Letter Words12 Letter Words Starting With R12 Letter Words Ending With P