[U] (law) the state of a business being controlled by an official receiver because it has no money:
Five hundred jobs were lost when the company went into receivership last year. * Her company has been in receivership for six months now.
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About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
This word also appears under other sources in Lughet's collection — see the list below.
Where does this definition of receivership come from?
This entry for receivership is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Is receivership a noun, verb, or something else?
In this entry, receivership is tagged as noun.
Does receivership appear elsewhere on Lughet?
Yes — receivership appears under other sources or language pairs in Lughet's collection. See the list below.
What is Lughet?
Lughet is a free trilingual dictionary covering nearly five million entries across Uyghur, Chinese, and English, drawn from more than ten source dictionaries and corpora.
