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

For Sacramento City Unified, which has been scrambling for months to close a more than $170 million deficit and avoid state receivership, special education costs have become a major driver of the district’s financial strain. — Chaewon Chung updated July 9, Sacbee.com, 9 July 2026

The receivership touched off a painful community journey that brought on job reductions, layoffs and school closures as enrollment sharply declined. — Howard Blume, Los Angeles Times, 9 July 2026

The Robeson site developer ultimately began demolition on that site over the winter, so the city did not have to carry out receivership there. — Chris Higgins, Kansas City Star, 2 July 2026

The Village of Park Forest says Autumn Ridge is under receivership. — Suzanne Le Mignot, CBS News, 1 July 2026

Word History

First Known Use

15th century, in the meaning defined at sense 1

Rhymes for receivership

• apostleship
• apprenticeship
• assistantship
• championship
• chancellorship
• citizenship
• companionship
• copartnership
• dictatorship
• directorship
• discipleship
• editorship

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