Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The office or functions of a receiver.
- noun The state of being held by a receiver.
from The Century Dictionary.
- noun The office of a receiver of public money, or of money or other property in litigation: the collection and care of funds awaiting final distribution by legal process.
from the GNU version of the Collaborative International Dictionary of English.
- noun The state or office of a receiver.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law The office and duties of a
receiver . - noun law The state of being under the control of a receiver.
- noun law, business A form
trusteeship ofbankruptcy administration in which areceiver is appointed to run the company for the benefit of the creditors.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the office of a receiver
- noun the state of property that is in the hands of a receiver
- 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
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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Banks can continue to operate just fine in receivership while those details are worked out.
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Bank of America executive Rebecca Mairone, in response to calls for the federal government to put the nation's largest bank into receivership, is boasting that Bank of America has performed well under the Obama administration's Home Affordable Modification Program.
Bank Of America Boasts About Its Poor HAMP Performance The Huffington Post News Team 2010
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Any bank not too big to fail would have been in receivership months ago.
Matthew Yglesias » A Viable Alternative to Nationalization? 2009
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Place the banks in receivership, fire the managers, zero out the shareholders, pay off the insured depositors with public funds, seize and sell any assets, and re-privatize the banks.
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Place the banks in receivership, fire the managers, zero out the shareholders, pay off the insured depositors with public funds, seize and sell any assets, and re-privatize the banks.
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Randy Wray and I have proposed a step that would demonstrate the president's complete repudiation of Summers 'strategy and a return to the rule of law: Place Bank of America in receivership for its tens of billions of dollars in fraudulent loans and its multitude of foreclosure frauds.
William K. Black: No Mr. President, Larry Summers Did Not Resolve the Financial Crisis for a Pittance, He Just Papered Over the Problem William K. Black 2010
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CONAN: And I wonder, the owner of the Rangers - well, the team was in receivership just this summer, was it not?
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CONAN: And I wonder, the owner of the Rangers - well, the team was in receivership just this summer, was it not?
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He said he could not place an SDI in receivership because it could cause 100 banks to fail.
William K. Black: No Mr. President, Larry Summers Did Not Resolve the Financial Crisis for a Pittance, He Just Papered Over the Problem William K. Black 2010
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The zombie banks must be placed in receivership before the economy can work properly again.
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