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 Constitution Plaza is part of the larger, 1960s redevelopment that is now in receivership.
—
Kenneth R. Gosselin, Hartford Courant, 24 Mar. 2025
The Isaac Elementary School District, which was placed in receivership after massively blowing its budget earlier this year, is considering closing two schools and ceasing its online program at the end of the academic year to save money.
—Axios Phoenix, Axios, 21 Mar. 2025
Columbia has agreed to all of them, even the most controversial ones, such as putting certain academic departments in receivership.
—Lexi Lonas Cochran, The Hill, 21 Mar. 2025
In practice, placement in receivership has no impact on the operations of the companies concerned, which continue to operate and pursue their contracts and commercial relations in the same way as before the receivership.
—Andreas Wiseman, Deadline, 24 Feb. 2025
See All Example Sentences for receivership
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Kenneth R. Gosselin, Hartford Courant, 24 Mar. 2025
The Isaac Elementary School District, which was placed in receivership after massively blowing its budget earlier this year, is considering closing two schools and ceasing its online program at the end of the academic year to save money.
—Axios Phoenix, Axios, 21 Mar. 2025
Columbia has agreed to all of them, even the most controversial ones, such as putting certain academic departments in receivership.
—Lexi Lonas Cochran, The Hill, 21 Mar. 2025
In practice, placement in receivership has no impact on the operations of the companies concerned, which continue to operate and pursue their contracts and commercial relations in the same way as before the receivership.
—Andreas Wiseman, Deadline, 24 Feb. 2025
See All Example Sentences for receivership
Cite this Entry
“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 13 May. 2025.
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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