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receivership

Pronunciation: /rɪˈsiːvərʃɪp; rɪˈsiːvəʃɪp/

Translation of receivership in Spanish:

noun/nombre

uncountable/no numerable
  • sindicatura (feminine) to be placed in receivershipser* declarado en suspensión or (Southern Cone/Cono Sur) en cesación de pagos to go into/be in receivershipser* declarado/estar* en suspensión or (Southern Cone/Cono Sur) en cesación de pagos

Definition of receivership in:

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In Spain, a gestoría is an office that deals with government agencies on behalf of its clients. It is common practice to use a gestoría to avoid the problems of dealing with Spanish bureaucracy, despite the cost involved.