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
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
Co-founder and CEO Dave Marver resigned in November 2019, the company's board of directors voted to place it in receivership the following month, and more than 100 employees were laid off in an attempt to avoid bankruptcy.
—Dave Skretta, USA TODAY, 17 Jan. 2024
As of Friday evening, the FDIC had yet to reach a decision on putting First Republic into receivership, people with direct knowledge of the matter said.
—Hannah Levitt, Fortune, 30 Apr. 2023
Gina Champion-Cain launches a $400M Ponzi scheme that ensnares her closest friends
Sept. 1, 2022
Freitag’s status update, filed in federal court, noted that the first $21 million in payments from the receivership were sent out May 6.
—Lori Weisberg, San Diego Union-Tribune, 21 Dec. 2023
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
Co-founder and CEO Dave Marver resigned in November 2019, the company's board of directors voted to place it in receivership the following month, and more than 100 employees were laid off in an attempt to avoid bankruptcy.
—Dave Skretta, USA TODAY, 17 Jan. 2024
As of Friday evening, the FDIC had yet to reach a decision on putting First Republic into receivership, people with direct knowledge of the matter said.
—Hannah Levitt, Fortune, 30 Apr. 2023
Gina Champion-Cain launches a $400M Ponzi scheme that ensnares her closest friends
Sept. 1, 2022
Freitag’s status update, filed in federal court, noted that the first $21 million in payments from the receivership were sent out May 6.
—Lori Weisberg, San Diego Union-Tribune, 21 Dec. 2023
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 19 Apr. 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
Love words? Need even more definitions?
Merriam-Webster unabridged
Share