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 other, filed by Bonta’s office, is seeking to have the county’s juvenile detention system placed under receivership. —Jason Henry, Daily News, 9 Apr. 2026

In June 2021, Epicentre fell into receivership after defaulting on an $85 million loan from lender Deutsche Bank Trust Co. —Charlotte Observer, 7 Apr. 2026

Despite facing a $109 million deficit that could place the district back into receivership just one year after escaping it, the firm still has not delivered a fiscal solvency plan. —Jennah Pendleton, Sacbee.com, 1 Apr. 2026

The company also owns the Wells Fargo Center, which has been in receivership since August 2023. —Thomas Gounley, Denver Post, 26 Mar. 2026

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