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

Wu’s office said the city has implemented a number of changes to improve elections processes since being placed in receivership. —Gayla Cawley, Boston Herald, 11 Mar. 2026

In June 2021, the three-story complex fell into receivership after defaulting on an $85 million loan. —Charlotte Observer, 11 Mar. 2026

The move is an attempt to entirely restructure the central office amid a financial crisis that still threatens to put the district in state receivership as early as this fall. —Jennah Pendleton, Sacbee.com, 6 Mar. 2026

Trigild will be paid a receivership fee of $400 an hour, with a minimum of $4,000 per month, according to court documents. —Thomas Gounley, Denver Post, 18 Feb. 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