Receivership
noun
noun ·4 syllables ·Uncommon ·Advanced level
Definitions
Noun
- 1 The office and duties of a receiver. countable, uncountable
- 2 the office of a receiver wordnet
- 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 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 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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- 6 the state of property that is in the hands of a receiver wordnet
Example
More examples"The company's insolvency forced it into receivership."
Etymology
From receiver + -ship.
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.