administrative receivership


  • Administrative Law
  • Bankruptcy Law

Definitions of administrative receivership

  • when a court appoints a person, called an administrative receiver, to control all of the assets and business of a company which cannot pay its debts (=money owed)

    Before becoming a solicitor, she worked as a manager at a limited company under administrative receivership.

This is a limited preview — please sign in or subscribe to learn everything we know about the term “administrative receivership”.

Phrase Bank for administrative receivership