Receivership

Receivership,

Definition of Receivership:

  1. A receivership is a court-appointed tool that can assist creditors to recover funds in default and can help troubled companies to avoid bankruptcy. In the first instance, having a receivership in place makes it easier for a lender to recover funds due to them when a borrower defaults on a loan.

  2. The state of being dealt with by an official receiver.

  3. In the second case, a receivership may occur as a step in a company's restructuring process, with the goal of returning the company to profitability. A receivership could also arise during a shareholder dispute to complete a project, liquidate assets, or sell a business, for example.

  4. State of being under the administration and control of a receiver. Receivership removes the property or business from the control of its owners (stock/shareholders), and the firms directors lose their powers to the receiver who stops dividend and interest payments. A firm in receivership must carry the notice of In Receivership on all its stationery and official documents.

Synonyms of Receivership

Poverty, Penury, Destitution, Ruin, Ruination, Indigence, Impecuniousness, Impoverishment, Need, Neediness, Privation, Want, Hardship, Distress, Difficulties, Dire straits, Reduced circumstances, Straitened circumstances, Mendicancy, Vagrancy

How to use Receivership in a sentence?

  1. The company went into receivership last week.
  2. A receivership is a tool that can assist creditors to recover funds in default and can help troubled companies to avoid bankruptcy.
  3. The goal of a receivership is to return companies to profitability.
  4. For the duration of a receivership, the company's principals remain in place but have little authority.
  5. In a receivership, the court appoints an independent "receiver," or trustee, who effectively manages all aspects of a troubled company's business.

Meaning of Receivership & Receivership Definition

Receivership,

Receivership Definition:

  • Bankruptcy is a court-appointed tool that lenders can use to recover money from crime and prevent bankruptcy from troubled companies. As a first step, bankruptcy management makes it easier for lenders to repay outstanding funds if the borrower fails to repay the loan.

    • Bankruptcy is a tool that lenders can use to raise funds for criminals and troubled companies to avoid bankruptcy.
    • The purpose of bankruptcy is to restore business profits.
    • In bankruptcy management, the courts appoint deserving or independent trustees to effectively manage all disturbing aspects of the business.
    • During the period of admission, the director of the company remains in office, but his authority is very limited.

Meanings of Receivership

  1. Terms of service by authorized recipients.

Sentences of Receivership

  1. The company suspended payments last week

Receivership,

Receivership Definition:

Definition of Receivership: Bankruptcy management is a court-appointed tool that can help lenders recover bad debts and help troubled businesses avoid bankruptcy. In the first case, the constitution of a trustee allows the lender to easily repay the amount due in case of default of the loan.

  • A trustee is a tool that can help lenders get out of bad debts and troublesome businesses avoid bankruptcy.
  • The purpose of the curator is to make the company profitable.
  • In bankruptcy management, the court appoints an independent trustee or trustee to effectively handle all aspects of the company's troubled affairs.
  • During government, the principles of society remain in force but they have very few powers.

Meanings of Receivership

  1. Status of action by authorized recipients.

Sentences of Receivership

  1. The company was suspended last week.

Receivership,

How Do You Define Receivership?

Receivership refers to Bankruptcy management is a court-appointed tool that can help lenders recover from defaults and help troublesome businesses avoid bankruptcy. The introduction of a trustee allows lenders to more easily recover the amount owed by the borrower in case of default.

  • A trustee is a court order tool that can help lenders recover from defaults and help troublesome businesses avoid bankruptcy.
  • The goal of management is to make the company profitable again.
  • In bankruptcy management, the court appoints an independent trustee or trustee to effectively manage all aspects of the company's troubled affairs.
  • The principles of the Society apply during the term of the Trustee (but have very little authority over the Society).

Meanings of Receivership

  1. Processing status by authorized recipients.

Sentences of Receivership

  1. The company went into suspension last week