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Definition of receivership

receivership

/rɪˈsiːvərʃɪp/
re · ceiv · er · ship
Plural:receiverships
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receivership Lexical Profile

receivership Game Scores & Validity

• noun

1

A legal state or process in which a corporate entity or property is held and administered by a court-appointed receiver, typically during bankruptcy, insolvency, or restructuring.

Example

"After failing to repay its major creditors, the struggling manufacturing company was placed into receivership."

2

The office, role, or function of an officially appointed receiver.

Example

"The experienced financial accountant accepted the receivership of the disputed real estate assets."

Synonyms
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Antonyms
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• Nearby Words

receivable
receive
receiver
receivership
recency
recent
recenter

Cite this Entry

Wordmom. (2026). Definition of Receivership. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/receivership
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