What is another word for receiverships?
Pronunciation: [ɹɪsˈiːvəʃˌɪps] (IPA) 
Receiverships refer to legal proceedings where a receiver is appointed to take control of a company's assets to protect them from further damage or mismanagement. There are several synonyms for the word receiverships, including administration, insolvency, guardianship, trusteeship, and management. Each of these words conveys the idea of a third party stepping in to oversee a company's assets and ensure their proper use. Administration refers to the management of a company's affairs, typically by an appointed administrator. Insolvency denotes the state of being unable to pay debts, while guardianship is the legal responsibility for protecting something of value. Trusteeship refers to the role of a trustee in the management of a trust or estate.
