Definition of receivership noun from the Oxford Advanced American Dictionary

 

receivership

 noun
noun
NAmE//rɪˈsivərˌʃɪp//
 
[uncountable](law)
 
jump to other results
the state of a business being controlled by a receiver because it has no money Five hundred jobs were lost when the company went into receivership last year. Her company has been in receivership for six months now. to go into receivership
See the Oxford Advanced Learner's Dictionary entry: receivership