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Meaning & Definition of Receivership in English

English

Receivership

/rɪsivərʃɪp/

noun

1. The state of property that is in the hands of a receiver

  • "The business is in receivership"
    synonym:
  • receivership

2. A court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all

    synonym:
  • receivership

3. The office of a receiver

    synonym:
  • receivership