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receivership

Line breaks: re|ceiv¦er|ship
Pronunciation: /rɪˈsiːvəʃɪp
 
/

Definition of receivership in English:

noun

[mass noun]
The state of being dealt with by an official receiver: the company went into receivership last week
More example sentences
  • Cooney sells equipment for a number of Dublin insolvency practitioners who deal with technology company receiverships or liquidations.
  • That tenant failed to pay the rent and went into administrative receivership in October 1999.
  • The sector provides plenty of work for administrators, with many clubs perennial candidates for receivership.

Definition of receivership in:

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