receivership

noun
re·​ceiv·​er·​ship | \ ri-ˈsē-vər-ˌship How to pronounce receivership (audio) \

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 on the Web Judge Silver could order receivership, in which a federal monitor who answered to the courts would be in charge of the health care services for state prisons. Jimmy Jenkins, The Arizona Republic, 15 Dec. 2021 TWC Local 1 has been placed in temporary receivership while the investigation is ongoing, the release says. Kaylee Remington, cleveland, 13 Nov. 2021 Andover is home to one of the nation’s most prestigious preparatory academies; Lawrence public schools have been under state receivership for a decade. BostonGlobe.com, 8 Oct. 2021 Raineth now is in foreclosure and its properties in receivership. Dan Horn, The Enquirer, 8 Dec. 2021 The Inner Harbor has hit hard times recently, with Harborplace, the centerpiece of downtown redevelopment in 1980, currently in receivership and dealing with high vacancies. Lorraine Mirabella, baltimoresun.com, 5 Nov. 2021 Four years ago, the district was going into state receivership, That was averted. John Benson, cleveland, 21 Oct. 2021 Two years into the tenure of Superintendent Brenda Cassellius, the school department seems stuck in neutral, with low morale, mediocre test scores, and the looming, if unlikely, threat of state receivership. BostonGlobe.com, 26 Oct. 2021 Vasquez said at the meeting that the receivership mutes the voices of students and parents. BostonGlobe.com, 21 Oct. 2021

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.

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First Known Use of receivership

15th century, in the meaning defined at sense 1

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Time Traveler for receivership

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The first known use of receivership was in the 15th century

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Dictionary Entries Near receivership

receiver ring

receivership

receiving barn

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Statistics for receivership

Last Updated

7 Jan 2022

Cite this Entry

“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 19 Jan. 2022.

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More Definitions for receivership

receivership

noun

English Language Learners Definition of receivership

: the state of a business that has been placed under the control of a receiver because it is bankrupt

receivership

noun
re·​ceiv·​er·​ship | \ ri-ˈsē-vər-ˌship How to pronounce receivership (audio) \

Legal Definition of receivership

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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