receivership

[ ri-see-ver-ship ]
/ rɪˈsi vərˌʃɪp /

noun Law.

the condition of being in the hands of a receiver.
the position or function of being a receiver in charge of administering the property of others.

Origin of receivership

First recorded in 1475–85; receiver + -ship
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for receivership

British Dictionary definitions for receivership

receivership

/ (rɪˈsiːvəʃɪp) /

noun law

the office or function of a receiver
the condition of being administered by a 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

Word Origin and History for receivership

receivership


n.

late 15c., "office of a receiver" (of public revenues), from receiver + -ship. As "condition of being under control of a receiver," 1884.

Online Etymology Dictionary, © 2010 Douglas Harper