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Definition of "receivership" []

  • Law The office or functions of a receiver. (noun)
  • Law The state of being held by a receiver: The company went into receivership. (noun)
  • The office or function of a receiver (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

  • The condition of being administered by a receiver (noun)

www.Collinsdictionary.com (c) HarperCollins Publishers Ltd 2016

Use "receivership" in a sentence
  • "CONAN: And I wonder, the owner of the Rangers - well, the team was in receivership just this summer, was it not?"
  • "He said he could not place an SDI in receivership because it could cause 100 banks to fail."
  • "Randy Wray and I have proposed a step that would demonstrate the president's complete repudiation of Summers 'strategy and a return to the rule of law: Place Bank of America in receivership for its tens of billions of dollars in fraudulent loans and its multitude of foreclosure frauds."