Official Receiver

British

noun

an officer appointed by the Department of Trade and Industry to receive the income and manage the estate of a bankrupt pending the appointment of a trustee in bankruptcy See also receiver

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The refinery was taken over by the government's official receiver in June after its owner, Prax Group, went into administration.

From BBC

Energy Minister Michael Shanks said the official receiver was "assessing potential bids for the future of the refinery and its assets".

From BBC

The Insolvency Service said affected employees would be supported via the redundancy payments service and the official receiver was prioritising "the ongoing process to secure the sale of the refinery".

From BBC

The company will now be placed in the hands of the Official Receiver and special managers from consultancy firm Teneo, which has been appointed to run it on behalf of the liquidator.

From BBC

"We are supporting the Official Receiver so that they are prepared to take the necessary steps should the company enter into compulsory liquidation," a statement said.

From BBC

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023