receivership
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.
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.
The only viable solution is to place schools in “receivership,” a well-established procedure to reform ailing college departments.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.