receiver

A bankruptcy practitioner appointed by secured creditors to oversee the repayment of debts. Bloomberg Financial Dictionary
————
An official appointed to continue the day-to-day running of an insolvent business with a view to selling it as a going concern. HM Customs & Revenue Glossary

* * *

receiver re‧ceiv‧er [rɪˈsiːvə ǁ -ər] noun [countable]
1. also official receiver LAW someone who is chosen by a court to be in charge of a business or property for someone else. This is done when a business is bankrupt, when a partnership ends, or when people disagree about who owns something:

• A £100 million bid for the bankrupt supermarket company was accepted by the receiver.

• The company is now in the hands of the receivers.

2. someone who buys and sells stolen property:

• a known receiver of stolen goods

* * *

   A receiver is appointed by creditors to take control of the assets of a bankrupt or insolvent company.
   ► See also Bankruptcy, Insolvent.

* * *

receiver UK US /rɪˈsiːvər/ noun [C]
also UK official receiver) LAW, FINANCE someone who is asked by a court of law to officially close a bankrupt company by selling its assets, paying as many of its debts as possible, etc.: receivers of/for sth »

The receivers of the collapsed UK construction giant have failed with a legal bid to recoup more than £400,000 on behalf of the company's many creditors.

»

In the current harsh economic climate, many small businesses have found themselves in the hands of the receiver.

»

About 200 jobs were put at risk yesterday after the group called in the receivers.

»

A receiver was appointed to track down the assets and redistribute them to investors.

»

an administrative/court-appointed/interim receiver

a piece of electronic equipment that changes radio and television signals into sound and pictures: »

a digital/satellite/GPS receiver


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • receiver — re·ceiv·er /ri sē vər/ n 1: an officer charged with receiving tax payments or returns and other related duties (as the maintenance of tax rolls) 2: a person appointed by the court to hold in trust and administer property in litigation; esp: one… …   Law dictionary

  • Receiver — may mean:* The listening device part of a telephone * The handset containing that device * Receiver (radio), an electronic device that converts a radio signal from a transmitter into useful information * Receiver (modulated ultrasound), a device… …   Wikipedia

  • Receiver — Re*ceiv er (r[ e]*s[=e]v [ e]r), n. [Cf. F. receveur.] 1. One who takes or receives in any manner. [1913 Webster] 2. (Law) A person appointed, ordinarily by a court, to receive, and hold in trust, money or other property which is the subject of… …   The Collaborative International Dictionary of English

  • Receiver — (engl. Empfänger) ist: in der Unterhaltungselektronik eine Kombination aus den Komponenten Verstärker und Tuner, siehe Tuner (Empfang) in der Fernsehtechnik die Kurzform für Satellitenfernsehempfänger für Digitalreceiver in der Solartechnik das… …   Deutsch Wikipedia

  • Receiver — (receiver; reservoir intermédiair; serbatoio), Verbinder oder Zwischenbehälter, meist in Rohrform, in den der aus dem Hochdruckzylinder einer 2 oder mehrstufigen Expansions Dampfmaschine strömende Dampf aufgenommen wird, bevor er in den… …   Enzyklopädie des Eisenbahnwesens

  • receiver — particularly in foreign proceedings, or state court proceedings, a person appointed by the court to take custody of a debtor s property (Glossary of Common Bankruptcy Terms) A person or corporation appointed by a person who holds a debenture or… …   Glossary of Bankruptcy

  • receiver — ● receiver nom masculin (anglais receiver) Capacité placée entre les cylindres à haute et basse pression, dans une machine à vapeur compound …   Encyclopédie Universelle

  • receiver — RISÍVĂR/ s. n. receptor al unui telefon, al unei antene (satelit). (< engl. receiver) Trimis de raduborza, 15.09.2007. Sursa: MDN …   Dicționar Român

  • receiver — ► NOUN 1) a person or thing that receives something. 2) a piece of radio or television apparatus converting broadcast signals into sound or images. 3) a telephone handset, in particular the part that converts electrical signals into sounds. 4)… …   English terms dictionary

  • Receiver — (spr. rìßīwer) und Receivermaschine (Compound Receivermaschine), s. Tafel »Dampfmaschinen II«, S. II …   Meyers Großes Konversations-Lexikon

  • Receiver — Receiver, s. Aufnehmer …   Lexikon der gesamten Technik

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.