receivers certificate

English - English

Definition of receivers certificate in English English dictionary

Receivers' certificates are ordinarily a first lien on the assets, prior to that of bonds or other securities

An acknowledgement of indebtedness made by a receiver under order of court to obtain funds for the preservation of the assets held by him, as for operating a railroad

Hyphenation

receivers cer·ti·fi·cate

Turkish pronunciation

risivırz sırtîfîkıt

Pronunciation

/rēˈsēvərz sərˈtəfəkət/ /riːˈsiːvɜrz sɜrˈtɪfɪkət/