Receivership
nounverified·updated May 18, 2026
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
Framework senses
- §1
- the office of a receiver
- §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 state of property that is in the hands of a receiver