receivership
noun
re·ceiv·er·ship
ri-ˈsē-vər-ˌship 
1
: the office or function of a receiver
2
: the state of being in the hands of a receiver
Examples of receivership in a Sentence
Years of financial difficulty eventually placed the company into receivership.
Recent Examples on the Web
Dragged by debt and with one of its co-founders behind bars on charges of corruption, embezzlement, money laundering and murder, Beximco Group has been contesting a High Court order that its assets be placed under receivership since September.
—
Jasmin Malik Chua, Sourcing Journal, 3 Sep. 2019
The business was sued and put under a receivership in August, according to documents from the Hamilton County Court of Common Pleas.
—Keith Pandolfi, The Enquirer, 8 Oct. 2024
State of play: A Hennepin County judge on Sept. 23 put The Dayton's Project in receivership, stripping away management and operations from owner 601W Cos. of New York, according to court documents first reported by Twin Cities Business.
—Nick Halter, Axios, 2 Oct. 2024
Members of the cannabis committee expressed hesitancy to resort to receivership.
—Steph Solis, Axios, 9 July 2024
See all Example Sentences for receivership 
Jasmin Malik Chua, Sourcing Journal, 3 Sep. 2019
The business was sued and put under a receivership in August, according to documents from the Hamilton County Court of Common Pleas.
—Keith Pandolfi, The Enquirer, 8 Oct. 2024
State of play: A Hennepin County judge on Sept. 23 put The Dayton's Project in receivership, stripping away management and operations from owner 601W Cos. of New York, according to court documents first reported by Twin Cities Business.
—Nick Halter, Axios, 2 Oct. 2024
Members of the cannabis committee expressed hesitancy to resort to receivership.
—Steph Solis, Axios, 9 July 2024
See all Example Sentences for receivership
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'receivership.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near receivership
Cite this Entry
“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 4 Nov. 2024.
Copy CitationKids Definition
receivership
noun
re·ceiv·er·ship
ri-ˈsē-vər-ˌship
1
: the office or role of a receiver
2
: the state of being in the control of a receiver
Legal Definition
receivership
noun
re·ceiv·er·ship
ri-ˈsē-vər-ˌship
1
: the office or function of a receiver
2
: a proceeding in which a receiver is appointed
3
: the state of being in the hands of a receiver compare bankruptcy
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