What is another word for in receivership?

Pronunciation: [ɪn ɹɪsˈiːvəʃˌɪp] (IPA)

In receivership is a legal term used to describe a company that is under the control of a court-appointed receiver. This situation arises when a company becomes insolvent and is unable to pay its debts or fulfill its financial obligations. There are several synonyms for the term in receivership, including being under administration, in bankruptcy, or in liquidation. These terms all refer to a similar legal process, where an independent third party takes control of a company's assets and oversees the management of the company's affairs. The ultimate goal in all cases is to resolve the company's outstanding debts and either return it to profitability or sell off its assets to creditors.

Synonyms for In receivership:

What are the hypernyms for In receivership?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for in receivership?

The phrase "in receivership" is typically used to describe a company or organization that is under the control of a receiver - a person or entity appointed by a court to manage its affairs. The antonyms of "in receivership" would include phrases such as "solvent," "stable," or "self-sufficient." These terms signify that the company is financially secure, not in need of any external control, and can operate on its own terms without needing receivership. However, it is also essential to note that while some companies may not require receivership, facing financial difficulties can happen to any organization at any time, and early intervention is the best way to avoid the need for receivership.

What are the antonyms for In receivership?

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