receivership

C2+ Topic:Law & Government
US /rɪˈsivɚʃɪp/ UK /rɪˈsiːvəʃɪp/
noun

Meanings

  1. 1
    noun

    the state of being managed by a court-appointed receiver

    The bankrupt company was placed in receivership.

Thesaurus

Synonyms
1 noun · the state of being managed... administrationliquidationbankruptcyinsolvency
Word family
Related forms receiverreceivereceipt

Etymology

From receiver + -ship; receiver from Old French receveor, from Latin recipere ('to receive'), from re- ('back') + capere ('to take').

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Topics

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