释义 |
receivership
re·ceiv·er·ship R0080700 (rĭ-sē′vər-shĭp′)n. Law 1. The office or functions of a receiver.2. The state of being held by a receiver: The company went into receivership.receivership (rɪˈsiːvəʃɪp) n1. (Law) the office or function of a receiver2. (Law) the condition of being administered by a receiverre•ceiv•er•ship (rɪˈsi vərˌʃɪp) n. 1. the condition of being in the hands of a receiver. 2. the position or function of being a receiver in charge of administering the property of others. [1475–85] ThesaurusNoun | 1. | receivership - the state of property that is in the hands of a receiver; "the business is in receivership"state - the way something is with respect to its main attributes; "the current state of knowledge"; "his state of health"; "in a weak financial state" | | 2. | receivership - a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of alllegal proceeding, proceeding, proceedings - (law) the institution of a sequence of steps by which legal judgments are invokedlaw, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order" | | 3. | receivership - the office of a receiverberth, billet, post, situation, position, office, place, spot - a job in an organization; "he occupied a post in the treasury" | Translations
receivership
receivership Law1. the office or function of a receiver 2. the condition of being administered by a receiver Receivership Related to Receivership: liquidationReceivershipA court order whereby all the property subject to dispute in a legal action is placed under the dominion and control of an independent person known as a receiver. Receivership is an extraordinary remedy, the purpose of which is to preserve property during the time needed to prosecute a lawsuit, if a danger is present that such property will be dissipated or removed from the jurisdiction of the court if a receiver is not appointed. Receivership takes place through a court order and is utilized only in exceptional circumstances and with or without the consent of the owner of the property. receivershipn. the process of appointment by a court of a receiver to take custody of the property, business, rents and profits of a party to a lawsuit pending a final decision on disbursement or an agreement that a receiver control the financial receipts of a person who is deeply in debt (insolvent) for the benefit of creditors. Thus, the term "the business is in receivership." (See: receiver) Receivership
ReceivershipIn corporate bankruptcy, a situation in which a court or regulator appoints a custodian to administer all assets and debts. This custodian is known as a receiver; his/her duty is to pay off as many debts as possible as cheaply as possible. One obvious way to do this is to liquidate the company, but this is not always done. The receiver may restructure the company to put it on a path toward solvency.
In the United States, different financial regulators have the authority to decide whether receiverships are necessary. The Office of Thrift Supervision may do this for savings and loans; the Office of the Comptroller of the Currency for national banks. In any federally-chartered savings and loan or bank, the FDIC must be appointed receiver.receivership Related to receivership: liquidationWords related to receivershipnoun the state of property that is in the hands of a receiverRelated Wordsnoun a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of allRelated Words- legal proceeding
- proceeding
- proceedings
- law
- jurisprudence
noun the office of a receiverRelated Words- berth
- billet
- post
- situation
- position
- office
- place
- spot
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