receivership in English

noun
1
the state of being dealt with by an official receiver.
the company went into receivership last week

Use "receivership" in a sentence

Below are sample sentences containing the word "receivership" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "receivership", or refer to the context using the word "receivership" in the English Dictionary.

1. Argosy University entered into federal receivership on January 18, 2019 and is permanently closed

2. The customer subsequently went into receivership and BD Co. wrote off the account receivable at its year end.

3. 2 Three of the hotels are in receivership, and others are teetering on the brink of bankruptcy.

4. After PAL's exit from receivership in 2007, PAL embarked on a frequent revamp of management.

5. By the year 2000, Converse was slipping repeatedly into receivership as debt piled up yearly.

6. 11 But it was sold to Tranwood Consortium late last year for just ￡6 million, just before going into receivership.

7. The new code also introduces the concept of “administrative receivership,” whereby lawyers, certified accountants, and other intermediaries act as managers of enterprises undergoing bankruptcy.

8. The company went into receivership late in 1916 on account of an unpaid loan, and the brothers declared bankruptcy by the end of the year.

9. Bustlers also covered much of the Rhymney Valley when Inter-Valley Link Ltd (former Caerphilly UDC, Gelligaer UDC, and Bedwas & Machen UDC) operations went into receivership

10. Botry Zen, which has continued operating since going into receivership, developed a biological control for the grape-wasting fungi Botrytis cinerea, with two products - Botryzen, covering season-long protection, and Armourzen as a late-season application.