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

That led General Mills to step in and purchase the assets of the company out of receivership for approximately $10 million in June. —David Hudnall, Kansas City Star, 11 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

The property, once Holy Cross Hospital, was sold out of receivership after its previous owner filed for bankruptcy. —Jc Reindl, Freep.com, 31 Oct. 2025

Brooksby had also not fully turned over his tax returns as also required by the receivership order. —Jay Adkisson, Forbes.com, 30 Aug. 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