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Meaning of “official receiver” in the English Dictionary

"official receiver" in British English

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official receivernoun [C]

uk   /əˌfɪʃ.əl rɪˈsiː.vər/ us   /əˌfɪʃ.əl rɪˈsiː.vɚ/ UK
a person who is ordered by the government to deal with the income and property of a company or a person after they have gone bankrupt (= are unable to pay their debts)
(Definition of official receiver from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"official receiver" in Business English

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official receivernoun [C]

uk   us  
UK LAW, FINANCE →  receiver
(Definition of official receiver from the Cambridge Business English Dictionary © Cambridge University Press)
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