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receivership
noun
re·ceiv·er·ship
ri-ˈsē-vər-ˌship
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.
Recent Examples on the Web
Ultimately Shangri-La defaulted on payments, sending the projects into receivership and, eventually, foreclosure.
—
Doug Smith, Los Angeles Times, 7 June 2024
Related Content Why did JPMorgan Chase buy First Republic out of receivership?
—
Rocio Fabbro, Quartz, 8 May 2024
The receivership status of the office building, located at 3100 North First Street, is part of a process that would shove the property info foreclosure on its loan, documents on file with the Santa Clara County Recorder’s Office show.
—
George Avalos, The Mercury News, 7 Feb. 2024
Last year, Freitag had estimated that once a final settlement from Chicago Title of nearly $22 million was paid out, remaining claims against the receivership estate would be $33 million.
—
Lori Weisberg, San Diego Union-Tribune, 21 Dec. 2023
See all Example Sentences for receivership ![](/dist-cross-dungarees/2024-06-13--14-08-27-z5loc/images/svg/redesign/arrow-right-exemplar.svg)
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'receivership.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
15th century, in the meaning defined at sense 1
Time Traveler
The first known use of receivership was
in the 15th century
Dictionary Entries Near receivership
Cite this Entry
“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 15 Jun. 2024.
Kids Definition
receivership
noun
re·ceiv·er·ship
ri-ˈsē-vər-ˌship
1
: the office or role of a receiver
2
: the state of being in the control of a receiver
Legal Definition
receivership
noun
re·ceiv·er·ship
ri-ˈsē-vər-ˌship
1
: the office or function of a receiver
2
: a proceeding in which a receiver is appointed
3
: the state of being in the hands of a receiver compare bankruptcy
More from Merriam-Webster on receivership
Britannica.com: Encyclopedia article about receivership
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