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receivership

[ri-see-ver-ship] / rɪˈsi vərˌʃɪp /


Example Sentences

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When that happens, it is appropriate to put institutions into receivership until they reform and rededicate themselves to their mission.

From The Wall Street Journal Jun. 21, 2026

After losing a shareholder lawsuit and entering receivership in 2017, the company sold stock to an entity led by former CEO Robert Liscouski.

From Barron's Jun. 15, 2026

The firm has been placed in a receivership and is unwinding what has been described as a tangled and only partially documented web of holdings.

From The Wall Street Journal May 21, 2026

In 2020 the building was placed into receivership as it was undergoing a multi-million renovation.

From BBC Apr. 8, 2026

On the night of Thursday, May 5, officials of the National Cordage Company, a trust that controlled 80 percent of America’s rope production, placed itself in receivership.

From "The Devil in the White City" by Erik Larson




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