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Receivership

reh-SEE-ver-ship

/rɪˈsiːvərʃɪp/

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Syllable breakdown

Receivership

Dictionary meaning

A situation where a court-appointed person manages a company's assets during insolvency.

Examples

  • The retail chain went into receivership after its private equity owner withdrew.

Pronunciation tips

Four syllables. Stress on second syllable.

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