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
But the two-story, 1.1-million-square-foot mall fell into receivership in 2021 after failing to pay its debts.
—
Catherine Muccigrosso, Charlotte Observer, 31 Jan. 2025
The judge ordered the trusteeship ended but didn’t find King guilty of a criminal charge — putting the building in receivership and ordering the landlord to fix the 23 code violations within the next month.
—Erik Wallenberg, Chicago Tribune, 19 Jan. 2025
The Isaac Elementary School District in west Phoenix will be placed into state receivership after running up a budget deficit of at least $12 million.
—Axios Phoenix, Axios, 16 Jan. 2025
Freeman and Moss's legal team will continue to seek other assets, including those he has been ordered to transfer to a receivership.
—Dan Perry, Newsweek, 2 Jan. 2025
See all Example Sentences for receivership 
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Catherine Muccigrosso, Charlotte Observer, 31 Jan. 2025
The judge ordered the trusteeship ended but didn’t find King guilty of a criminal charge — putting the building in receivership and ordering the landlord to fix the 23 code violations within the next month.
—Erik Wallenberg, Chicago Tribune, 19 Jan. 2025
The Isaac Elementary School District in west Phoenix will be placed into state receivership after running up a budget deficit of at least $12 million.
—Axios Phoenix, Axios, 16 Jan. 2025
Freeman and Moss's legal team will continue to seek other assets, including those he has been ordered to transfer to a receivership.
—Dan Perry, Newsweek, 2 Jan. 2025
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 10 Feb. 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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