receivership Definition in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “receivership” - English Dictionary

"receivership" in British English

See all translations

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.
(Definition of receivership from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"receivership" in Business English

See all translations

receivershipnoun [U]

uk   us   /rɪˈsiːvəʃɪp/
LAW a ​situation in which a ​bankruptcompany is under the ​control of a receiver: Within ​hours of the ​business going into receivership, a ​bid was made for its ​wholesalebusiness. collapse/​fall/be ​forced into receivershipbe in/under receivership Many ​sectors of the ​economy have ​companies that are in receivership.put/place sth in receivership A ​federaljudge has threatened to ​place the ​agency in receivership if ​improvements are not made.buy/sell sth out of receivership Fellow ​boardmembersbacked Reichmann when he ​bought the ​company out of receivership. administrative/​court/​voluntary receivership
(Definition of receivership from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “receivership”
in Chinese (Simplified) 破产管理, 破产在管…
in Chinese (Traditional) 破産管理, 破産在管…
What is the pronunciation of receivership?
Add Cambridge dictionaries to your browser to your website
Just who is driving this thing?
Just who is driving this thing?
by ,
May 03, 2016
by Colin McIntosh Do you remember Herbie the Love Bug? Herbie was a 1963 Volkswagen Beetle car in a string of Walt Disney movies. In typical Disney anthropomorphic style, Herbie goes his own way, falls in love, cries, plays jokes, and generally has a mind of his own. While the new driverless cars, like those being

Read More 

Word of the Day

star

a very large ball of burning gas in space that is usually seen from the earth as a point of light in the sky at night

Word of the Day

trigger warning noun
trigger warning noun
May 02, 2016
a warning that a subject may trigger unpleasant emotions or memories This is not, I should stress, an argument that trigger warnings should become commonplace on campus.

Read More