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.
Recent Examples of receivership from the Web
A predecessor, Imperial Laundry Systems, filed for receivership in 2011.
The graveyard was placed in receivership and the Mount Moriah Cemetery Preservation Corp. was created to organize its records and restore its overgrown grounds.
A court filing also says that Wright had concerns that Davis was using the email address for Davis Capital Group – one of the entities involved in the case – to communicate with third parties about assets in receivership.
Benson said the property went into receivership and city officials worked with the bank to establish a letter of credit for new investors.
Pérez’s request came following a report aired on Wednesday by Univisión 23 of an investigation with el Nuevo Herald on the Mirassou receivership case.
Mostly vacant, the property is in receivership, and Banging Gavel would invest $4.1 million in purchasing and renovating the building, according to the village.
The indictment said Stochel would cause delays any time he was asked for an accounting of the receivership fund.
Sanford tried unsuccessfully to escape receivership by filing for Chapter 11 bankruptcy protection for Terrace Manor last month in federal court.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'receivership'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of receivership
RECEIVERSHIP Defined for English Language Learners
Definition of receivership for English Language Learners
law : the state of a business that has been placed under the control of a receiver because it is bankrupt
Seen and Heard
What made you want to look up receivership? Please tell us where you read or heard it (including the quote, if possible).