receiver's certificate Synonyms

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receiver's certificate Meaning

Webster

receiver's certificate ()

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.

FAQs About the word receiver's certificate

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 ra

No synonyms found.

No antonyms found.

The receiver's certificate is a legal document acknowledging the transfer of goods.

The certificate must be signed by both the sender and the receiver.

The receiver's certificate can be used as evidence in court to prove the transfer of goods.

The certificate must include the date, time, and place of the transfer.