| Library / English Dictionary |
RECEIVERSHIP
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
The office of a receiver
Classified under:
Nouns denoting acts or actions
Hypernyms ("receivership" is a kind of...):
berth; billet; office; place; position; post; situation; spot (a job in an organization)
Derivation:
receiver ((law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties)
Sense 2
Meaning:
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
Classified under:
Nouns denoting acts or actions
Hypernyms ("receivership" is a kind of...):
legal proceeding; proceeding; proceedings ((law) the institution of a sequence of steps by which legal judgments are invoked)
Domain category:
jurisprudence; law (the collection of rules imposed by authority)
Derivation:
receiver ((law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties)
Sense 3
Meaning:
The state of property that is in the hands of a receiver
Example:
the business is in receivership
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("receivership" is a kind of...):
state (the way something is with respect to its main attributes)
Derivation:
receiver ((law) a person (usually appointed by a court of law) who liquidates assets or preserves them for the benefit of affected parties)
