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.
Its operating company Impasse 13 has gone into receivership to enable the financial restructuring. Joelle Diderich, WWD, 16 Dec. 2024 Catch up quick: The crisis began last month when the State Board of Education learned that the Isaac School District was massively over budget and moved quickly to place the district into receivership. Jeremy Duda, Axios, 4 Feb. 2025 This past week, the third major Hartford office tower in recent months went into receivership. Jay Sloves, Hartford Courant, 3 Feb. 2025 The investigation that was launched and resulted in receivership in 2006 was also for ballot shortages at Boston polling places — that year for the November state election where former Gov. Deval Patrick was elected. Gayla Cawley, Boston Herald, 8 Nov. 2024 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

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Cite this Entry

“Receivership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/receivership. Accessed 1 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

Last Updated: - Updated example sentences
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