RECEIVERSHIP

receivership

(noun) the office of a receiver

receivership

(noun) 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

receivership

(noun) the state of property that is in the hands of a receiver; “the business is in receivership”

Source: WordNet® 3.1


Etymology

Noun

receivership (countable and uncountable, plural receiverships)

(legal) The office and duties of a receiver.

(legal) The state of being under the control of a receiver.

(legal, business) A form trusteeship of bankruptcy administration in which a receiver is appointed to run the company for the benefit of the creditors.

Source: Wiktionary


Re*ceiv"er*ship, n.

Definition: The state or office of a receiver.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

20 April 2025

SALAD

(noun) food mixtures either arranged on a plate or tossed and served with a moist dressing; usually consisting of or including greens


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Coffee Trivia

According to Guinness World Records, on 25 September 2016, the Birla Institute of Management Technology (India) in Uttar Pradesh, India, constructed the largest coffee cups pyramid consisting of 23,821 cups. They used paper takeaway coffee cups to build the pyramid.

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