receivership Definition and Meaning in English (receivership definition)

noun
Quick Answer • Definition

Receivership definition: Receivership is a legal process where a company or individual's assets are placed under the control of a court-appointed receiver to manage them, often due to insolvency.

Definitions of Receivership

  1. 1noun(formal)

    Receivership is a legal process where a company or individual's assets are placed under the control of a court-appointed receiver to manage them, often due to insolvency.

Example Sentences

business

“The company entered receivership after defaulting on its loans.”

formal

“During receivership, the court-appointed official manages all financial affairs.”

Inflected Word Forms

infinitivereceive
past tensereceived
agent nounreceiver

Frequently Asked Questions: Receivership in English

What is the meaning of Receivership in English?▼
Receivership definition: Receivership is a legal process where a company or individual's assets are placed under the control of a court-appointed receiver to manage them, often due to insolvency.
How do you translate 'Receivership' to English?▼
'Receivership' translates to 'receivership' in English. Receivership definition: Receivership is a legal process where a company or individual's assets are placed under the control of a court-appointed receiver to manage them, often due to insolvency.
How do you pronounce 'Receivership' and 'receivership'?▼
Listen to clear English audio pronunciation of 'Receivership' and native English audio speech for 'receivership' with bilingual sentence examples on DictBridge.

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