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
Members of the cannabis committee expressed hesitancy to resort to receivership.
—
Steph Solis, Axios, 9 July 2024
County Administrator James Morris said the new high school is an example of the rapid progress the district is making to pull itself out of receivership.
—Ashley Ahn, Los Angeles Times, 13 Aug. 2024
The city’s bill for the receivership is at least $37 million, though some of that amount is expected to be repaid once the sales approved Wednesday close.
—Liam Dillon, Los Angeles Times, 7 Aug. 2024
The sellers of the Superior Shores Resort — Blue Waters Development Corp., Jensen-Re Development and Jensen-Re Partnership — filed a receivership case against Shores Resort Co. with the Lake County District Court on July 25.
—Brielle Bredsten, Twin Cities, 31 July 2024
See all Example Sentences for receivership 
Steph Solis, Axios, 9 July 2024
County Administrator James Morris said the new high school is an example of the rapid progress the district is making to pull itself out of receivership.
—Ashley Ahn, Los Angeles Times, 13 Aug. 2024
The city’s bill for the receivership is at least $37 million, though some of that amount is expected to be repaid once the sales approved Wednesday close.
—Liam Dillon, Los Angeles Times, 7 Aug. 2024
The sellers of the Superior Shores Resort — Blue Waters Development Corp., Jensen-Re Development and Jensen-Re Partnership — filed a receivership case against Shores Resort Co. with the Lake County District Court on July 25.
—Brielle Bredsten, Twin Cities, 31 July 2024
See all Example Sentences for receivership
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.
Dictionary Entries Near receivership
Cite this Entry
“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 20 Sep. 2024.
Copy CitationKids 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
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