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Glossary   >   R   >   "Receiver" Definition            Receiver A bankruptcy practitioner appointed by secured creditors in the United Kingdom to oversee the repayment of debts. A person appointed by a court to wind up the affairs of a company and to utilise assets to pay its creditors. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Receiver - A bankruptcy practitioner appointed by secured creditors in the United Kingdom to oversee the repayment of debts.

A person appointed by a court to wind up the affairs of a company and to utilise assets to pay its creditors.