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receiver

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Encyclopedia, Wikipedia 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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Watson, who was at the lower end of the wire, in the basement, dropped the receiver and rushed with wild joy up three flights of stairs to tell the glad tidings to Bell.
The station-master at Crewe unhooked his telephone receiver and rang up Liverpool.
"Well, he certainly is having some conversation," reflected Ned, as, after more than five minutes, Tom's ear was still at the receiver of the instrument, into the transmitter of which he had said only a few words.
 
 
 
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