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What does receiverships mean?

Looking for the meaning or definition of the word receiverships? Here's what it means.

Noun
  1. plural of receivership
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Cooney sells equipment for a number of Dublin insolvency practitioners who deal with technology company receiverships or liquidations.
Unfortunately, given the difficult circumstances, they are still facing foreclosure, and receiverships are rapidly increasing.
The figure of 118, however, only reflects corporate receiverships and does not include personal asset receiverships.
In fact we are dealing with receiverships that represent a portfolio value of more than pounds 60 million.
Still, the technical and litigious nature of receiverships and bankruptcy cases isn't for everyone.
Only a handful of auctioneers in Dublin sell computer equipment from liquidations or receiverships.

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