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:
receivershipsOrigin of Receivership
-
receiver +"Ž -ship
From Wiktionary
Find Similar Words
Find similar words to receivership using the buttons below.