Receivership (receiver) is the process of appointment by a court, a contract, or a government official of a receiver to take custody of the property, business, rents and profits of an insolvent person or entity, or a party whose property is in dispute.
BANKER’S NOTE. A commercial instrument resembling a bank-note in every particular except that it is given by a private banker or unincorporated banking institution. Black’s 1st. See banker,
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