'Receivership' definitions:
Definition of 'receivership'
(from WordNet)
noun
The state of property that is in the hands of a receiver; "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
Definition of 'Receivership'
From: GCIDE
- Receivership \Re*ceiv"er*ship\, n. The state or office of a receiver. [1913 Webster]