1. plural of receivership; the state or condition of being under the control of a receiver appointed by a court to manage a business or property
Usage: legal; business

Examples

• The company entered receivership after failing to pay its debts.
• Several businesses went into receivership during the economic downturn.
• The court appointed receivers to oversee the receiverships of multiple failing banks.
• Investors lost money when the real estate firm went into receivership.
• The receiverships were handled by experienced financial professionals.
• Multiple receiverships were announced in the same week.
• The law firm specialized in managing corporate receiverships.