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Receivership

noun

Definitions

Noun
  1. 1
    The office and duties of a receiver. countable, uncountable
  2. 2
    the office of a receiver wordnet
  3. 3
    The state of being under the control of a receiver. countable, uncountable

    "The capital cost in 1915-1927 of equipping 924 miles of track put the Milwaukee into a receivership from which it took a long time to recover; and in view of the length of line electrified it is surprising that a current of 1,500V d.c. was chosen rather than the Pennsylvania 11,000V a.c."

  4. 4
    a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all wordnet
  5. 5
    A form trusteeship of bankruptcy administration in which a receiver is appointed to run the company for the benefit of the creditors. countable, uncountable
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  1. 6
    the state of property that is in the hands of a receiver wordnet

Etymology

From receiver + -ship.

See also for "receivership"

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