receivership

noun

re·​ceiv·​er·​ship ri-ˈsē-vər-ˌship How to pronounce receivership (audio)
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 receivership status of the office building, located at 3100 North First Street, is part of a process that would shove the property info foreclosure on its loan, documents on file with the Santa Clara County Recorder’s Office show. George Avalos, The Mercury News, 7 Feb. 2024 Last year, Freitag had estimated that once a final settlement from Chicago Title of nearly $22 million was paid out, remaining claims against the receivership estate would be $33 million. Lori Weisberg, San Diego Union-Tribune, 21 Dec. 2023 The judge has already found in a summary judgment decision that Trump and his company were liable for committing fraud and has ordered the dissolution of Trump entities in New York under a receivership. Shayna Jacobs, Washington Post, 20 Oct. 2023 One of the largest SRO providers, the Skid Row Housing Trust, fell into receivership last year. Liam Dillon, Los Angeles Times, 31 Mar. 2024 In February, a Wyandotte County judge ordered the property to go into receivership. Bill Lukitsch, Kansas City Star, 26 Mar. 2024 On April 24, First Republic disclosed that customers had yanked more than $100 billion in deposits from the bank in the first quarter, triggering another crash in First Republic shares and ultimately landing the bank in receivership. Heather Landy, Quartz, 1 May 2023 Instead, as the Brotherhood Building has fallen into receivership, some are concerned that the tenants have been mistreated. Bill Lukitsch, Kansas City Star, 26 Mar. 2024 The long-vacant Sellers Mansion in Harlem Park had been purchased out of receivership by developer Ernst Valery. Dan Belson, Baltimore Sun, 16 Jan. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'receivership.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

15th century, in the meaning defined at sense 1

Time Traveler
The first known use of receivership was in the 15th century

Dictionary Entries Near receivership

Cite this Entry

“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 24 Apr. 2024.

Kids Definition

receivership

noun
re·​ceiv·​er·​ship ri-ˈsē-vər-ˌship How to pronounce receivership (audio)
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 How to pronounce receivership (audio)
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

More from Merriam-Webster on receivership

Last Updated: - Updated example sentences
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