receivership

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English

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Etymology

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(deprecated template usage)

receiver +‎ -ship

Noun

receivership (countable and uncountable, plural receiverships)

  1. (law) The office and duties of a receiver.
  2. (law) The state of being under the control of a receiver.
  3. (law, business) A form trusteeship of bankruptcy administration in which a receiver is appointed to run the company for the benefit of the creditors.

Translations