The phrase "a receivership" is correct and usable in written English.
It is typically used in legal and financial contexts to refer to a situation where a receiver is appointed to manage the assets of a company or individual, often due to insolvency.
Example: "The company entered a receivership after failing to meet its financial obligations, and a receiver was appointed to oversee its assets."
Alternatives: "a financial receivership" or "an asset management situation".
We also need a receivership process to handle nonbanks and all financial service holding companies.
He likened the consent decree to a trusteeship or a receivership.
Debenhams will very likely end up either with a successful Company Voluntary Arrangement or a Receivership.
OLA has a mechanism for supplying liquidity to a troubled bank: the FDIC provides funds at the same time it replaces the old management in a receivership.
One said that the incident might exercise a disturbing influence, as the European investor in American bonds does not quite understand the meaning of a receivership.
That the state has since 1995 controlled the school district through a receivership only enhanced the opportunity for bold, surgical strikes.
The agency states in a recently proposed rule that the orderly liquidation of a failed financial institution "may best be accomplished by establishing a single receivership of a parent holding company and transferring valuable operations and assets to a solvent bridge financial company, including the stock or other equity interests of the company's various subsidiaries".
"A compliance director is as close to a federal receivership as we could get," said John Burris, a lawyer who was involved in the original lawsuit and who also pushed for a federal takeover last year.
The difference between a "stress test" and the process of a government receivership is that the former allows the government to disguise how bad things are, while the latter forces the issue and gets on with the cure.
Instead, a new regime is created to put big institutions into what is hoped to be an orderly receivership that avoids a general financial panic, something that unfortunately happened when Lehman Brothers filed for bankruptcy in September 2008.
There was a second receivership in 1934.
