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re·ceiv·er·ship (rĭ-sē'vər-shĭp')
n. Law
  1. The office or functions of a receiver.
  2. The state of being held by a receiver: The company went into receivership.

logo The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2009. Published by Houghton Mifflin Company. All rights reserved.

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