receivership

noun

re·​ceiv·​er·​ship ri-ˈsē-vər-ˌship How to pronounce receivership (audio)
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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
How to bid at auction Bid procedures may be obtained from the public docket in the receivership case: https://www2.miamidadeclerk.gov/ocs/Search.aspx (Docket 252, 253, 254) Or by emailing counsel to the Receiver, Berger Singerman LLP at [email protected]. Linda Robertson, Miami Herald, 2 Mar. 2025 Still, the path to long-term fiscal stability is anything but clear for Oakland Unified, which went into state receivership two decades ago, restored local control in 2009 and in recent years has faced warnings from state and county officials that its finances were in perilous shape. Shomik Mukherjee, The Mercury News, 28 Feb. 2025 Peter Pan owed him more than $185,000 for his catch of Dungeness crab and salmon the company processed in 2023, Gould said in a receivership filing. ProPublica, 13 Feb. 2025 The loan is for 12 years, but the typical receivership process, which includes loan repayment, usually lasts three to five years. Jeremy Duda, Axios, 4 Feb. 2025 See All Example Sentences for receivership

Word History

First Known Use

15th century, in the meaning defined at sense 1

Time Traveler
The first known use of receivership was in the 15th century

Browse Nearby Words

Cite this Entry

“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 14 Mar. 2025.

Kids Definition

receivership

noun
re·​ceiv·​er·​ship ri-ˈsē-vər-ˌship How to pronounce receivership (audio)
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 How to pronounce receivership (audio)
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

More from Merriam-Webster on receivership

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