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 City Council is expected to have a final vote on starting the receivership process on Thursday. —Chris Higgins, Kansas City Star, 30 Sep. 2025

Brooksby had also not fully turned over his tax returns as also required by the receivership order. —Jay Adkisson, Forbes.com, 30 Aug. 2025

The receivership situation was first reported by Crain's Detroit, which has also chronicled Holtzman's financial travails. —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

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