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
Among other requests in her suit, Sheel Seidler is seeking damages from her brothers-in-law, prohibition of their receiving compensation from the Seidler Trusts, removal of Matthew Seidler as a trustee, and placement of the trust into receivership.
—
Dan Schlossberg, Forbes, 7 Jan. 2025
Meanwhile, the future of Y/Project is up in the air after the brand was placed into receivership on Sept. 26, following the death of cofounder Gilles Elalouf and the departure of creative director Glenn Martens.
—Joelle Diderich, WWD, 16 Dec. 2024
Listen to this article Two Boston city councilors are pressing Secretary of State William Galvin to follow through on his threat to place the Boston Election Department into receivership for its Election Day missteps that left polling places short on ballots.
—Gayla Cawley, Boston Herald, 8 Nov. 2024
Eighteen months ago, with nonprofit owner Skid Row Housing Trust on the verge of collapse, Mayor Karen Bass and other city leaders pushed the buildings into receivership.
—Liam Dillon, Los Angeles Times, 5 Nov. 2024
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Dan Schlossberg, Forbes, 7 Jan. 2025
Meanwhile, the future of Y/Project is up in the air after the brand was placed into receivership on Sept. 26, following the death of cofounder Gilles Elalouf and the departure of creative director Glenn Martens.
—Joelle Diderich, WWD, 16 Dec. 2024
Listen to this article Two Boston city councilors are pressing Secretary of State William Galvin to follow through on his threat to place the Boston Election Department into receivership for its Election Day missteps that left polling places short on ballots.
—Gayla Cawley, Boston Herald, 8 Nov. 2024
Eighteen months ago, with nonprofit owner Skid Row Housing Trust on the verge of collapse, Mayor Karen Bass and other city leaders pushed the buildings into receivership.
—Liam Dillon, Los Angeles Times, 5 Nov. 2024
See all Example Sentences for receivership
Dictionary Entries Near receivership
Cite this Entry
“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 22 Jan. 2025.
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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