receivership Definition

receivership

Definition

A form of bankruptcy in which a company can avoid liquidation by reorganizing with the help of a court-appointed trustee.

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Related Terms on BusinessDictionary

administrative receiver
official receiver

receiver
reorganization

Popular 'Lending & Credit' Terms

equity
triple net lease
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security
accounts receivable
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receivership is ...

... part of the Lending & Credit subject.

Nearby Terms

receivable days
receivables
receivables turnover
receive against payment
receive versus payment
receivership
recession
recharacterization
reciprocal of European terms
reckoning
reclassification

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