Level 5 · word 11,986 of 20,000

receivership

/rɪˈsiːvərˌʃɪp/ American
  • n. 破产托管, 接管状态
Definition
  • n. the state of being controlled by an official manager during bankruptcy
Example
The failing company was placed into receivership last month.
这家陷入困境的公司上个月被置于破产管理之下。