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

10 January 2025

INTERSPERSION

(noun) the act of combining one thing at intervals among other things; “the interspersion of illustrations in the text”


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Coffee Trivia

The earliest credible evidence of coffee-drinking as the modern beverage appeared in modern-day Yemen. In the middle of the 15th century in Sufi shrines where coffee seeds were first roasted and brewed for drinking. The Yemenis procured the coffee beans from the Ethiopian Highlands.

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