Speakur

Word Pronunciation & Dictionary

receiver's certificate

Word Rarity Very rare

Frequency: Zipf frequency 2.13 in modern English

Syllables
re-ceiver's cer-tifi-cate
IPA
32
Scrabble Score
20
Letters
4
Syllables
9
Unique Chars

Meaning

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

Questions

What does receiver's certificate mean?
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. Receivers' certificates are ordinarily a first lien on the assets, prior to that of bonds or other securities.

How to pronounce receiver's certificate

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