receivership
re·ceiv·er·ship
noun \ri-ˈsē-vər-ˌship\Definition of RECEIVERSHIP
1
: the office or function of a receiver
2
: the state of being in the hands of a receiver
Examples of RECEIVERSHIP
- Years of financial difficulty eventually placed the company into receivership.
First Known Use of RECEIVERSHIP
15th century
Rhymes with RECEIVERSHIP
accountantship, acquaintanceship, apostleship, apprenticeship, artisanship, assistantship, attorneyship, championship, chancellorship, citizenship, commandership, companionship, containership, cross-ownership, dictatorship, directorship, discipleship, editorship, factory ship, Freudian slip, good-fellowship, guardianship, headmastership, instructorship, landownership, laureateship, managership, median strip, musicianship, ombudsmanship, one-upmanship, outdoorsmanship, overlordship, partisanship, potato chip, professorship, protectorship, rejection slip, relationship, run a tight ship, shoot from the hip, stiff upper lip, survivorship, treasurership
receivership
noun (Concise Encyclopedia)In law, state of being in the hands of a receiver, a person appointed by the court to administer, conserve, rehabilitate, or liquidate the assets of an insolvent corporation for the protection or relief of creditors. It is a legal solution to a financial difficulty; it does not necessarily entail the termination of the corporate charter. See also bankruptcy, insolvency.
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Next Word in the Dictionary: receiving barn
Previous Word in the Dictionary: receiver's certificate
All Words Near: receivership
Previous Word in the Dictionary: receiver's certificate
All Words Near: receivership
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