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Noun: receivership  ri'see-vu(r),ship
  1. The state of property that is in the hands of a receiver
    "the business is in receivership"
  2. (law) a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all
  3. The office of a receiver

Derived forms: receiverships

Type of: berth, billet, legal proceeding, office, place, position, post, proceeding, proceedings, situation, spot, state

Encyclopedia: Receivership