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Meaning of receivership


1 definition found

From WordNet (r) 3.0 (2006) [wn]:

  receivership
      n 1: the state of property that is in the hands of a receiver;
           "the business is in receivership"
      2: 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
      3: the office of a receiver


WordNet ® Princeton University. http://wordnet.princeton.edu

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