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

Understanding the financial spiral that state receivership brings in the event of insolvency motivates me. —Mercury News & East Bay Times Editorial Boards, Mercury News, 26 May 2026

Patlola, the landlord, wants the judge to place the facility in receivership, so a new operator can reopen it. —Lisa Schencker, Chicago Tribune, 26 May 2026

His legal team said the $600,000 is based on a public number of the receivership for Murdaugh’s defense. —Devon M. Sayers, CNN Money, 18 May 2026

Accepting a state loan triggers receivership. —Chris Fusco. Story Produced With Ai Assistance, Sacbee.com, 11 May 2026

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