Definition: an independent party appointed by a court to hold in trust and administer property under litigation
Pronunciation: \ri-ˈsē-vər\
Used in a Sentence: A receiver was appointed by the court when the building owner filed for bankruptcy.
Definition: an independent party appointed by a court to hold in trust and administer property under litigation
Pronunciation: \ri-ˈsē-vər\
Used in a Sentence: A receiver was appointed by the court when the building owner filed for bankruptcy.