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

In the alliance case, the Gibson Dunn team argued that cities need broad latitude to determine the best strategies for addressing homelessness — and that placing the city in receivership would be a huge overreach. —David Zahniser, Los Angeles Times, 25 June 2025

Two other school districts, Lawrence and Southbridge, remain under state receivership. —Grace Zokovitch, Boston Herald, 25 June 2025

Without immediate and significant corrective action, the district will be forced back into state receivership. —Anne Campbell Washington, Mercury News, 16 May 2025

The proceeds from the sale would go to lender Fannie Mae to pay a portion of the outstanding loan balance and the receivership expenses. —Robert A. Cronkleton, Kansas City Star, 26 Apr. 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