What is the meaning of RECEIVER?

RECEIVER is a court appointed person who takes possession of, but not title to, the assets and affairs of a business or estate that is in a form of bankruptcy called RECEIVERSHIP. The receiver collects rents and other income and generally manages the affairs of the entity until a disposition is made by the court.

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APABarry Goldsmith. (2010). receiver. Retrieved September 22, 2026, from http://smartdefine.org/receiver/definitions/1161910
ChicagoBarry Goldsmith. 2010. "receiver" http://smartdefine.org/receiver/definitions/1161910 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, receiver, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/receiver/definitions/1161910>.
MLABarry Goldsmith. "receiver" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/receiver/definitions/1161910>
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