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

These submissions are not intended to be complete; rather, these three receivership defendants are using them as instruments of delay and obfuscation. —Jay Adkisson, Forbes.com, 30 Aug. 2025

The owner believes the receivership will likely result in the building's sale, despite its prime location. —Jc Reindl, Freep.com, 22 Aug. 2025

In June 2021, the three-story complex fell into receivership after defaulting on a $85 million loan. —Charlotte Observer, 5 Aug. 2025

Much of Constitution Plaza, now mired in foreclosure and receivership, has been mentioned as a prime candidate for further conversion from office to residential. —Emily Adams, Hartford Courant, 4 Aug. 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