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 City Council voted last month to direct city staff to begin receivership, a legal maneuver that would involve going to court and could place the property under the control of a different developer. —Chris Higgins, Kansas City Star, 25 Nov. 2025

The company exited the receivership in June. —Liam Rappleye, Freep.com, 21 Nov. 2025

That's according to new filing in the company's receivership proceeding, pending in Milwaukee County Circuit Court. —Tom Daykin, jsonline.com, 5 Nov. 2025

Secretary of State William Galvin said Tuesday that Boston’s election operations have improved under state receivership and that the state’s intervention in Lawrence was necessary to preserve the integrity of the voting process amid allegations of absentee ballot manipulation. —State House News Service, Boston Herald, 4 Nov. 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