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receiver
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   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Encyclopedia 0.01 sec.

receiver

In law, a person appointed by a court to collect and manage the assets of an individual, company, or partnership in serious financial difficulties. In the case of bankruptcy, the assets may be sold and distributed by a receiver to creditors.



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The meeting, at the Official Receivers Office, was due to adopt a trustee in place of the Official Receiver.
net website, official receivers the Insolvency Service said in a statement: "On 2 February 2006, the Official Receiver was appointed Provisional Liquidator of Get Me Tickets Limited following the presentation to the court of a petition to wind up the company in the public interest.
Accountancy firm KPMG was appointed as the official receivers.
 
 
 
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