| Dictionary, Encyclopedia and Thesaurus - The Free Dictionary 1,808,174,143 visitors served. |
|
Dictionary/ thesaurus | Medical dictionary | Legal dictionary | Financial dictionary | Acronyms | Idioms | Encyclopedia | Wikipedia encyclopedia | ? |
receivership |
Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia | 0.03 sec. |
receivershipIn law, state of being in the hands of a receiver, a person appointed by the court to administer, conserve, rehabilitate, or liquidate the assets of an insolvent corporation for the protection or relief of creditors. It is a legal solution to a financial difficulty; it does not necessarily entail the termination of the corporate charter. See also bankruptcy, insolvency. receivership Law 1. the office or function of a receiver 2. the condition of being administered by a receiver How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
|
| ? Mentioned in | ? References in classic literature | ||
|---|---|---|---|
| But an Arbitration being blown towards him by some unaccountable wind, and he gaining great credit in it as one indefatigable in seeking out right and doing right, a pretty fat Receivership was next blown into his pocket by a wind more traceable to its source. "Pardieu, sire," he suddenly said, "I must tell you that there is a receivership of the royal prerogatives vacant, and that I have a nephew. "There'll be temporary receiverships, of course," Daylight advised; "but they won't bother none or last long. |
| Encyclopedia |
| Free Tools: |
For surfers:
Free toolbar & extensions |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|---|