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  1. Merriam Webster
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    Receiver Definition & Meaning - Merriam-Webster

    RECEIVER Definition & Meaning | Dictionary.com
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    Receiver legal definition of receiver - TheFreeDictionary.com Legal ...
    TheFreeDictionary.com Legal Dictionary
    Receiver: Definition, Legal Role, and Responsibilities …

    A receiver is a person appointed as custodian of a person or entity's property, finances, general assets, or business operations. Receivers can be appointed by courts, government regulators, or private entities. Receivers seek to realize and secure assetsand manage affairs to pay debts. For businesses, receivers seek to maximize profits and asset v...

    Investopedia

    Receivership is an alternative to bankruptcyand potentially a better option for companies facing financial difficulty. Compared to bankruptcy, the process of receivership carries less stigma, requires less paperwork, and has fewer court proceedings. This action will result in lower costs for all parties.

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    A court-appointed receiver is a neutral third-partyentity who works on behalf of the company and its creditors to secure mutually beneficial agreements. By communicating with a neutral receiver, the corporation and its creditors are more likely to reach a favorable understanding and in less time than under bankruptcy proceedings. Because the proces...

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  2. Dictionary
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    re·ceiv·er
    [rəˈsēvər]
    noun
    receiver (noun) · receivers (plural noun) · official receiver (noun) · official receivers (plural noun)
    1. the part of a telephone apparatus contained in the earpiece, in which electrical signals are converted into sounds.
      • a complete telephone handset:
        "he picked up the receiver"
      • a piece of radio or television apparatus that detects broadcast signals and converts them into visible or audible form:
        "a satellite receiver"
    2. a person who gets or accepts something that has been sent or given to them:
      "the receiver of a gift"
      • a person who buys or accepts stolen goods in the knowledge that they have been stolen:
        "he's the biggest receiver of stolen jewels in London"
      • (in tennis and similar games) the player to whom the ball is served to begin play.
      • american football
        a player who catches a pass or a kick.
    3. a person or company appointed by a court to manage the financial affairs of a business or person that has gone bankrupt:
      "the company is in the hands of the receivers"
    4. chemistry
      a container for collecting the products of distillation, chromatography, or other process.
    5. the part of a firearm which houses the action and to which the barrel and other parts are attached.
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    Similar and Opposite Words
    noun
    1. a person who gets or accepts something that has been sent or given to them:
      recipient
      beneficiary
      donee
      giftee
      legatee
      grantee
      devisee
      Opposite:
      donor
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