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Sunday, November 17th, 2024
the Week of Proper 28 / Ordinary 33
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Bible Dictionaries
Receiver's Certificate

Webster's Dictionary

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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.

Bibliography Information
Webster, Noah. Entry for 'Receiver's Certificate'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​r/receivers-certificate.html. 1828.
 
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