Simple Definition of receivership
law : the state of a business that has been placed under the control of a receiver because it is bankrupt
Full 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 in a sentence
Years of financial difficulty eventually placed the company into receivership.
First Known Use of receivership
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
Learn More about receivership
Britannica.com: Encyclopedia article about "receivership"
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