Dictionary Check: receivership
"receivership" is a valid word!
Scrabble
22
points
Words with Friends
24
points
Definition
noun
the state of property that is in the hands of a receiver
Example:
"the business is in receivership"
noun
a court action that places property under the control of a receiver during litigation so that it can be preserved for the benefit of all
noun
the office of a receiver
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