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Receivership
/rɪsˈivərʃˌɪp/
/risˈivərʃˌɪp/
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Receivership
noun
1.
The state of property that is in the hands of a receiver.
2.
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.
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Receivership...
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"Receivership" Quotes from Famous Books
...
action you can demand is a
receivership
for the company, and not until my money-bag is empty at that," Lee rejoined, coolly. "And the time will expire and the company be a shell before it's granted,
...
— The Iron Furrow • George C. Shedd
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