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

This also helps explain how MLB plopped the Expos, who were in receivership at the time, into nearby Washington, D.C. —Reader Commentary, Baltimore Sun, 17 July 2025

Written by Michael Schiffer, Lean On Me stars Morgan Freeman as Joe Clark, an inner-city high school principal in Paterson, New Jersey, tasked with turning around the school’s test scores to keep it from being placed into receivership of the state government. —Glenn Garner, Deadline, 26 June 2025

The developer has no funds to continue work on the project and the receivership will provide time for the parties to attempt to agree to a long-term resolution, Stockdale Managing Partner Dan Michaels said in a declaration filed with the court. —Jennifer Van Grove, San Diego Union-Tribune, 26 June 2025

State officials cited several indicators of the district’s improvement in the decision to end the receivership. —Grace Zokovitch, Boston Herald, 25 June 2025

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