Receivership
[ri-see-ver-ship] /rɪˈsi vərˌʃɪp/
noun, Law.
1.
the condition of being in the hands of a .
2.
the position or function of being a receiver in charge of administering the property of others.
/rɪˈsiːvəʃɪp/
noun (law)
1.
the office or function of a receiver
2.
the condition of being administered by a receiver
n.
late 15c., “office of a receiver” (of public revenues), from receiver + -ship. As “condition of being under control of a receiver,” 1884.
Read Also:
- Receiving
[ri-seev] /rɪˈsiv/ verb (used with object), received, receiving. 1. to take into one’s possession (something offered or delivered): to receive many gifts. 2. to have (something) bestowed, conferred, etc.: to receive an honorary degree. 3. to have delivered or brought to one: to receive a letter. 4. to get or be informed of: to receive […]
- Receiving-blanket
noun 1. a small blanket, usually of cotton, for wrapping an infant, especially following a bath.
- Receiving-end
noun 1. the position in which one is subject to some kind of action or effect, especially an unpleasant one (usually used in the phrase at or on the receiving end): The corporation is on the receiving end of many complaints about its advertising.
- Receiving-line
noun 1. a row formed by the hosts, guests of honor, or the like, for receiving guests formally at a ball, reception, etc.
- Receiving order
noun 1. (Brit, obsolete) a court order appointing a receiver to manage the property of a debtor or bankrupt Official name bankruptcy order