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receivership

[ri-see-ver-ship] / rɪˈsi vərˌʃɪp /


Example Sentences

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Although financial collapse was averted, the troubles that contributed to the receivership were exacerbated over the years by leadership instability — with 11 appointed leaders over an 11-year span.

From Los Angeles Times ● Jul. 9, 2026

The takeover of Auburn University is analogous to receivership for a struggling business.

From The Wall Street Journal ● Jun. 21, 2026

De Min said payments to contractors had been delayed amid the wider financial situation surrounding the Citadel development, including the ongoing receivership, but "legitimate contractor costs" would be "addressed".

From BBC ● Mar. 30, 2026

In 2017, that business lost a lawsuit against a shareholder and went into receivership.

From Barron's ● Mar. 2, 2026

On the night of Thursday, May 5, officials of the National Cordage Company, a trust that controlled 80 percent of America’s rope production, placed itself in receivership.

From "The Devil in the White City" by Erik Larson


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