receivershipre‧ceiv‧er‧ship /rɪˈsiːvəʃɪp $ -vər-/ noun [uncountable] 
The company went into receivership with massive debts.
EXAMPLES FROM THE CORPUS
- After being refused funds by its banks, Mowat was placed in receivership.
- But it was sold to Tranwood Consortium late last year for just £1.6 million, just before going into receivership.
- Counsel for the receivers argued that until they had terminated the receivership, B and L could not control them.
- Founded in 1984, this company lasted until 1986 before it, too, went into receivership.
- Landhurst went into receivership earlier this year.
- The courts, after all, could destroy the International Union: they could put us in receivership.
- The hotel in Deganwy where the reception is to be held has gone into receivership.
- The other directors wanted Lincoln to go into receivership.
WORD SETS
associated company, nounboardroom, nounBros., cartel, nounchain, nounCo., collective, nouncom, concern, nounconglomerate, nouncontractor, nounco-op, nouncooperative, adjectivecooperative, nounCorp., corporate, adjectivecorporation, noundivision, noundivisional, adjectiveempire, nounenterprise, nounexecutive, adjectiveexpand, verbexpansion, nounfail, verbgiant, noungroup, nounInc., incorporated, adjectiveindie, nounindustrial espionage, nounin-house, adjectiveinside, adverbinterest, nounjoint-stock company, nounlimited company, nounLtd, Messrs, multinational, adjectivemultinational, nounnewspaper, nounoutsourcing, nounparent company, nounpayroll, nounplc, nounpractice, nounprofit and loss account, nounproprietary, adjectivepty, public company, nounpublic corporation, nounpublic limited company, nounreceivership, nounregistered office, nounshipper, nounsubsidiary, nounsupplier, nountakeover, nountop-heavy, adjective
COLLOCATIONS FROM THE ENTRY The company went into receivership with massive debts.COLLOCATIONS FROM THE CORPUSADJECTIVE
The company went into receivership with massive debts.· Airedale Holdings' banks put the company into administrative receivership and have taken control of its subsidiary, the kitchens retailer Magnet.· I am unable to derive any assistance from the provisions relating to administrators on the question of administrative receivership.
VERB· But it was sold to Tranwood Consortium late last year for just £1.6 million, just before going into receivership.· Founded in 1984, this company lasted until 1986 before it, too, went into receivership.· The other directors wanted Lincoln to go into receivership.· Landhurst went into receivership earlier this year.· The hotel in Deganwy where the reception is to be held has gone into receivership.· Lincoln went into receivership and was put up for sale on 4 February, 1922.· They could not secure enough cash quickly and despite several last ditch attempts, went into receivership.
WORD FAMILYnounreceiptreceiptsreceiverreceptionreceivershipreceivingreceptionistreceptoradjectivereceptive ≠ unreceptivereceivedverbreceive
if a business is in receivership, it is controlled by an official receiver because it has no money: The company went into receivership with massive debts.