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

The potential sale also comes while the district has faced serious financial challenges in recent months, with a possible deficit of about $170 million and potential state receivership. — Graham Womack, Sacbee.com, 24 June 2026

Both Nupen Patel and Bhara Patel are among the principal members of the ownership group for the Radisson Hotel Oakland Airport in Oakland, which has been shoved into receivership due to a delinquent $31 million loan, Alameda County documents show. — George Avalos, Mercury News, 18 June 2026

If approved by the full council, the measure would direct the city manager to start the receivership process. — Chris Higgins, Kansas City Star, 12 June 2026

The Santa Rosa City Schools Board previously voted to permanently close the schools as part of an effort to avoid bankruptcy and state receivership. — Da Lin, CBS News, 6 June 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