Translation of "receivership" - English-Mandarin Chinese dictionary

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receivershipnoun [ U ]

uk /rɪˈsiː.və.ʃɪp/ us /rɪˈsiː.vɚ.ʃɪp/

a situation in which a company is controlled by the receiver because it has no money

Since January over a hundred companies have been forced into receivership. 从1月份以来,已有一百多家公司被迫进入破产在管状态。

(Translation of “receivership” from the Cambridge English-Chinese (Simplified) Dictionary © Cambridge University Press)

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