receivership
noun [ U ] uk/rɪˈsiː.və.ʃɪp/ us/rɪˈsiː.vɚ.ʃɪp/
破产管理;破产在管
a situation in which a company is controlled by the receiver because it has no money
Since January over a hundred companies have been forced into receivership. 从1月份以来，已有一百多家公司被迫进入破产在管状态。