receivership

[ri-see-ver-ship]
noun Law.
1.
the condition of being in the hands of a receiver.
2.
the position or function of being a receiver in charge of administering the property of others.

Origin:
1475–85; receiver + -ship

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To receivership
Collins
World English Dictionary
receivership (rɪˈsiːvəʃɪp)
 
n
1.  the office or function of a receiver
2.  the condition of being administered by a receiver

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Example sentences
The court ordered the state to pay all costs the receivership incurs in carrying out its responsibilities.
Their cooperative efforts have culminated in this receivership action.
Related Words
Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature