Definition of receivership
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.
First Known Use of receivership
RECEIVERSHIP Defined for English Language Learners
Definition of receivership for English Language Learners
law : the state of a business that has been placed under the control of a receiver because it is bankrupt
Seen and Heard
What made you want to look up receivership? Please tell us where you read or heard it (including the quote, if possible).