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.
Recent Examples of receivership from the Web
Benson said the property went into receivership and city officials worked with the bank to establish a letter of credit for new investors.
Their options include fresh funding, another asset sale or cutting off Hynix, forcing it into receivership.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'receivership'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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
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