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receivership

[ri-see-ver-ship] / rɪˈsi vərˌʃɪp /


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

De Min said payments to contractors had been delayed amid the wider financial situation surrounding the Citadel development, including the ongoing receivership, but "legitimate contractor costs" would be "addressed".

From BBC

In 2017, that business lost a lawsuit against a shareholder and went into receivership.

From Barron's

The judge later declined to put Los Angeles’ homelessness programs into receivership, even as he concluded that the city failed to adhere to the settlement.

From Los Angeles Times

More recently, residents of his Skid Row developments told The Times that sanitation and security services degraded months after he purchased 17 aging buildings held in receivership by the city of Los Angeles.

From Los Angeles Times

One of the lawsuits that Lu filed in Mauritius prompted a court there to freeze Afrinic’s bank accounts in July 2021, effectively paralyzing the organization and eventually sending it into receivership.

From The Wall Street Journal