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receivership
[ri-see-ver-ship]
noun
the condition of being in the hands of a receiver.
the position or function of being a receiver in charge of administering the property of others.
receivership
/ ɪˈːəʃɪ /
noun
the office or function of a receiver
the condition of being administered by a receiver
51Թ History and Origins
Origin of receivership1
Example Sentences
Myers, representing the advocacy group LA CAN and the Los Angeles Catholic Worker, argued in favor of the portion of the settlement agreement to provide housing but against the encampment removals and against a receivership.
Los Angeles Mayor Karen Bass won’t be called as a witness in a multiday federal court hearing that could determine whether the city’s homelessness programs are placed in receivership.
Alliance for Human Rights, which has been battling the city in court over its response to the crisis, is pushing for a federal judge to place the city’s homelessness initiatives into a receivership.
City of Los Angeles leaders pushed the trust into receivership and, after 18 months, all the properties were transferred to new owners.
Gen. Rob Bonta said earlier this month that he is considering placing them in “receivership,” essentially wresting local control of the facilities away from the L.A.
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