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English Fox - English Dictionary
Meaning of
receivership
in English
receivership
us
//rɪˈsiːvərʃɪp//
uk
//rɪˈsiːvrəʃɪp//
#uncommon
Definitions
Noun
office
and
duties
of
a
receiver
;
managing
assets
The
company
was
placed
into
receivership
due
to
financial
difficulties
.
state
of
being
under
a
receiver's
control
The
court
appointed
a
receiver
to
manage
the
assets
during
the
receivership
.
trusteeship
of
a
bankrupt
company
administration
The
government
agency
oversaw
the
receivership
of
the
failed
bank
.
