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 property, once Holy Cross Hospital, was sold out of receivership after its previous owner filed for bankruptcy. —Jc Reindl, Freep.com, 31 Oct. 2025

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

Full List of Locations Garrard County Distilling, a $250 million independent distillery that began production in early 2024, has been placed in receivership and closed in April amid a failure to settle unpaid debts. —Hugh Cameron, MSNBC Newsweek, 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