- railroad receiver
- A receiver appointed by the court under its equitable powers or as authorized by statute, to take possession of the lines and property of a railroad and operate them.
Ballentine's law dictionary. Anderson, W.S.. 1998.
railroad receiver
Look at other dictionaries:
Railroad — Rail road (r[=a]l r[=o]d ), Railway Rail way (r[=a]l w[=a] ), n. 1. A road or way consisting of one or more parallel series of iron or steel rails, patterned and adjusted to be tracks for the wheels of vehicles, and suitably supported on a bed or … The Collaborative International Dictionary of English
Receiver's certificate — Re*ceiv er s cer*tif i*cate 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 … The Collaborative International Dictionary of English
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receiver's certificate — 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… … Useful english dictionary
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