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receiver noun ( PERSON )

Click to hear the UK pronunciation of this wordClick to hear the US pronunciation of this word/rɪˈsiː.vər//-vɚ/ n [C]

Definition

(UK also official receiver) a person who officially deals with the business matters of companies who cannot pay their debts
The company went bankrupt and was put into the hands of the receivers.
UK legal A receiver (of stolen goods) is a person who buys and sells property which they know has been stolen.

(Definition of receiver noun (PERSON) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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