RECEIVER'S CERTIFICATE


Meaning of RECEIVER'S CERTIFICATE in English

noun

: a promise to repay to a lender a definite sum loaned and an acknowledgment thereof 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) and often made by the court a first lien upon the receivership assets

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.