/-ʃɪp; -,ʃɪp/
n [U] (law 律)
1 (period of) office of a Receiver 破产管理官的职务或任期. 2(idm 习语) in receivership (esp of bankrupt companies) under the control of an Official Receiver （尤指破产公司）受破产管理官管理
*go into/be in receivership 交由[受]破产管理官管理.

n[U]
if a business is in receivership, it is controlled by an official receiver because it has no money
　The company went into receivership with massive debts.