receiver

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receiver

telephone handset (Precision Graphics)

n.

1. One that receives something: a receiver of many compliments.
2. Electronics. A device, such as a part of a radio, television set, or telephone, that receives incoming radio signals and converts them to perceptible forms, such as sound or light.
3. An official appointed to receive and account for money due.
4. Law. A person appointed by a court administrator to take into custody the property or funds of others, pending litigation.
5. A person who knowingly buys or receives stolen goods.
6. A receptacle intended for a specific purpose.
7. 1. Football. A member of the offensive team eligible to catch a forward pass.
   2. Baseball. The catcher.

(1) A device that accepts signals. Contrast with "transmitter," which sends signals. The term is used generically to refer to "the side being sent to." For example, "by the time the signal gets to the receiver..." refers to whichever hardware device is at the other end of the communication.

(2) A unit of audio or audio/video equipment that serves as the control panel for a stereo or home theater system. See stereo receiver and A/V receiver.

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A person appointed by a bankruptcy court or secured creditor to run a company for a short period of time in a manner that will ensure as much debt is paid back to creditors as possible.

Investopedia Says:
The main purpose of a receiver is to use a company's assets in a way that will most effectively pay back creditors. Depending on where a receiver is appointed, there are numerous restrictions on how he or she runs a business. For instance, in many jurisdictions a receiver can run a company only for 14 days. In turn, a receiver's main function is often simply to liquidate all available assets. When a receiver is appointed, the company is said to be "in receivership."

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Broadcast: device used to transform electromagnetic waves into images or sounds. For example, a television or stereo would be considered receivers.

Communications: person or group of people to whom a communications message is transmitted. The receiver perceives and responds to the message in terms of his own background and psychological processes. In mass communications, the receiver is the audience.

Person named by a bankruptcy court to act as agent for a debtor in bankruptcy. The receiver is entrusted with authority to help reorganize the company, or to liquidate it to satisfy obligations to creditors. The receiver is required to maintain the property for the benefit of creditors or others having an equity interest in it, until bankruptcy has been discharged. In a Bank Failure the FDIC acts as receiver of the failed bank's assets. See also Debtor in Possession.

n

Definition: recipient
Antonyms: donor, giver

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n. 1. a piece of radio or television apparatus that detects broadcast signals and converts them into visible or audible form: a satellite receiver.

2. the part of a firearm that houses the action and to which the barrel and other parts are attached.

See the Introduction, Abbreviations and Pronunciation for further details.

This entry contains information applicable to United States law only.

An archaic term, used in common law and civil law countries, to designate an individual who holds and conceals stolen goods for thieves. Currently an independent individual appointed by a court to handle money or property during a lawsuit.

Courts appoint receivers to take custody, manage, and preserve money or property that is subject to litigation so that when the final judgment is rendered, the property remains available to accomplish what has been ordered. The power to appoint a receiver is rarely utilized by the courts, and only upon a showing that it is required to preserve the property. Receivership cannot properly be used to coerce a party or to gain control of a business from someone who is capable of managing it. Receivership is an extraordinary remedy, designed to benefit everyone involved. It is, however, a harsh remedy, since it involves restraining an individual's property, removing it from his control, and causing additional legal expenses.

The appointment of a receiver, which is a provisional remedy to be exercised while litigation is pending, is ordinarily prescribed by statute, as are a receiver's powers. Ordinarily a receiver can be appointed only after a lawsuit is initiated.

According to the statutes of different states, receivers have been appointed in actions for divorce, the removal of a trustee, or the foreclosure of a mortgage and in proceedings for the dissolution of a corporation, for an accounting of partnership money, or for a creditor's suit. The appointment of a receiver is justified when property in dispute is allowed to deteriorate to the extent where emergency repairs are necessary, and where there is good reason to suspect that the property is going to be sold, wasted, taken out of state, misused, or destroyed if the court does not act to preserve it. A receiver can also be appointed in situations where it appears that no one with a legal right to manage certain property is present, or no mentally competent adult is entitled to hold it. A receiver is sometimes appointed to preserve property during litigation between two parties who appear to have an equal right to use the property but who are unwilling to acknowledge each other's interest.

A judge can appoint a receiver following the filing of an application, or petition, with the court. In certain instances, all those who are interested in a case join together, and in the event that the court has jurisdiction over the property and the parties, an appointment can proceed upon their consent.

An application for the appointment of a receiver is often submitted by a creditor. It might be fraud or collusion for a debtor to have a friendly creditor nominate an individual the debtor chooses. A receiver generally should not be appointed unless notice is served on all interested parties and a hearing is conducted where a judge determines the merits of the case. On good evidence that an emergency exists, however, a judge can grant the petition for a receivership and hold a hearing as soon as possible thereafter.

Obligations

A receiver assumes control of all the property subject to the receivership but does not take title to the property and cannot exercise control over property outside the territorial authority of the court. Any property that has already been transferred in a fraudulent sale designed to cheat creditors is beyond the reach of the receiver; however, the receiver has the power to initiate a lawsuit, requesting that the court set aside the transfer. Any rights, such as liens or mortgages, that others have in the property remain valid. Anyone in possession of property listed in the receivership order can be compelled to turn it over to the receiver. A refusal to comply, or interference with the receivership, is punishable as a contempt of court.

A receiver does not represent the individual whose property is being administered, since the receiver is an officer of the court and is responsible to the court for protecting the interests of all opposing parties fairly. Where it is not clear how the receiver must perform his or her duty, he or she may properly apply to the court for instructions. He or she can be removed and held financially liable for failure to obey orders of the court, for neglect of duties, or for abuse of authority. The receiver must exercise judgment in fulfilling the duties, and her decisions must be reasonable. The receiver might be required to post a bond to ensure faithful performance of the duties and is required to account to the court at regular intervals for all the property entrusted to her during, and at the termination of, the appointment.

Compensation

A receiver has a right to be compensated for services and to be reimbursed for costs or traveling expenses. In cases where it is necessary for the receiver to hire an attorney, counsel fees are allowed. To obtain compensation, the receiver submits an itemized report of services to the court. The amount of payment depends upon the extent and value of the property, the difficulties encountered, and the time spent, as well as upon the receiver's skill, experience, and diligence and the success of his efforts. The time and manner of payment are, for the most part, left to the discretion of the court; unless authorized by the court, it is illegal for the receiver to take payment money out of the property being managed.

IN BRIEF: n. - Earphone that converts electrical signals into sounds; A person who gets something.

You need to speak clearly into the telephone receiver in order to be heard.

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Common misspelling(s) of receiver

• reciever

Dansk (Danish)
n. - modtager, modtagerdel, midlertidig bobestyrer (eng. konkursbo)

Nederlands (Dutch)
radio-ontvanger, hoorn, curator, heler, vergaarbak, aanvaller die mag vangen (Am. voetbal)

Français (French)
n. - combiné, (Radio, TV) récepteur, (GB, Fin, Jur) administrateur judiciaire, (GB, Jur) receleur, (Admin) réceptionnaire, destinataire, (US) joueur à la réception (au base-ball)

Deutsch (German)
n. - Empfänger, Telefonhörer, Konkursverwalter, Sammelgefäß, Hehler

Ελληνική (Greek)
n. - αποδέκτης, παραλήπτης, (τεχνολ.) δέκτης (ασυρμάτου κ.λπ.), ακουστικό τηλεφώνου, (νομ.) σύνδικος πτωχεύσεως

Italiano (Italian)
ricevitore, ricettatore, cornetta

Português (Portuguese)
n. - recebedor (m), reservatório (m)

Русский (Russian)
приемник, получатель, ликвидатор, телефонная трубка, скупщик краденого

Español (Spanish)
n. - receptor, recibidor, destinatario, síndico, ocultador, auricular, tubo

Svenska (Swedish)
n. - telefonlur, mottagare, inkasserare, (sl) hälare

中文（简体）(Chinese (Simplified))
接收器, 接待者, 收款员

中文（繁體）(Chinese (Traditional))
n. - 接收器, 接待者, 收款員

한국어 (Korean)
n. - 수취인, 수신기, 수납원, 접대하는 사람

日本語 (Japanese)
n. - 受取人, レシーバー, 収入役, 管財人, 受像機, 容器, 受け器, 受信機

العربيه (Arabic)
‏(الاسم) مستلم, اللاقط‏

עברית (Hebrew)
n. - ‮מקלט, שפופרת, אוזנית, סוחר-גניבות, כונס נכסים, מפרק, אפרכסת טלפון, כלי-קיבול לאיסוף תוצר של זיקוק‬

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receiver	Hdmi Receiver
Receiver Kenwood	dish receiver