What's the difference between receivership and trusteeship?

Receivership


Definition:

  • (n.) The state or office of a receiver.

Example Sentences:

  • (1) The Gherkin, voted London's favourite tower, has been put into receivership 10 years after its completion helped transform the capital's skyline.
  • (2) • Being processed now: Balram Chainrai – estranged business associate of Arkady, business partner of Levi Kushnir, a veteran of three company receiverships.
  • (3) HMV Ireland collapsed into receivership yesterday and 16 shops in the Republic closed their doors.
  • (4) On the 90th day they told me they were going into receivership.
  • (5) Barclays eventually bought the remnants of Lehman's Wall Street operation from receivership for $1.75bn - a sum that has enraged certain bankruptcy creditors who believe it was a windfall for the British bank.
  • (6) Duncan Matthews QC, for the defence, said the assets Ablyazov failed to declare were "a drop in the ocean" compared to the estimated $5bn of assets he was forced to place into receivership under the control of accountants KPMG.
  • (7) Asked if his father had been influential in securing the deal from Leicester, Richards Jr said: “It is fair to say my dad is and continues to be on the world sporting stage.” Richards Jr confirmed the name Trestellar echoes his father’s former engineering company, Three Star Engineering, which went into administrative receivership in 2001.
  • (8) In 2005, he brokered agreements to get 6,500 Rover workers into new jobs after the company went into receivership.
  • (9) Kids Company was put into receivership in the summer shortly after the Cabinet Office had approved a new government grant of £3m.
  • (10) It emerged on Thursday that Filan was declared bankrupt this week at Kingston county court in Surrey, a month after his Irish-based property development company went into receivership.
  • (11) The consent decree included termination of the court's active supervision of the state's mental health system, termination of the receivership, and termination of the court monitor's powers.
  • (12) The authors describe the use of troika management and administrative receivership to upgrade a unit in a state mental hospital.
  • (13) "If it did go into receivership, hedge funds would find themselves in a terrible jam," said Samuel Hayes at Harvard University.
  • (14) The board of directors at Landsbanki has been dismissed and the bank put into receivership.
  • (15) Driven by a consortium of volume housebuilders, and designed by the ill-fated architecture practice RMJM – recently forced into receivership before being rescued by an investment company – the athletes' village did not bode particularly well on paper.
  • (16) However, hit by competition from cheaper instruments made in Eastern Europe and China, it went into receivership last December.
  • (17) In addition to these 3,635 liquidations, a further 1,027 firms went into administration, 345 went into receivership and 157 entered into company voluntary arrangements.
  • (18) It is now more than 90% let, with 3,000 people working in the building, but it almost fell into receivership last year when a consortium of banks led by Wells Fargo called in a £300m construction loan.
  • (19) It seized control of Landsbanki , forcing it into receivership.
  • (20) A Deloitte spokesman said the tenants would not be affected by the receivership.

Trusteeship


Definition:

  • (n.) The office or duty of a trustee.

Example Sentences:

  • (1) "Mr Mandela wanted the applicants to resign their trusteeships."
  • (2) "Some kind of association with the UN – or some kind of Anglo-American trusteeship – could meet our requirements if only the Argentinians could be brought to acquiesce to it," Sir Robert Armstrong, the cabinet secretary, advised Thatcher on 25 May.
  • (3) As a social institution, trusteeship is under fire; and board members (both lay and religious) should understand some common misconceptions about their role and should reassess their obligations to the health care facility, the sponsoring group, and the community at large.
  • (4) Social media also helps with priority setting at the board, giving us real-time information about what is important to women with endometriosis.” 'We need to make trusteeship seem cool' Read more Digital understanding is as vital as fiscal know-how McKenna recommends that boards “bring at least one digitally savvy trustee on to their team and digital should be given the same level of importance as finance and audit, because the risks attached are as serious and far reaching”.
  • (5) The commission's guidance stipulates that "unpaid trusteeship has been one of the defining characteristics of the charitable sector, contributing greatly to public confidence in charities".
  • (6) The results underline the importance of initiatives such as Young Charity Trustees, which aim to raise awareness of trusteeship among young people, as well as more general campaigns such as Trustees Week .
  • (7) If you are looking for the best recruitment strategies for charity trusteeships – join us on Tuesday 5th November at 12-1pm - where we'll be discussing how to encourage diversity in your trustee recruitment.
  • (8) Medical radiology must assume the trusteeship for human genetics in the field of ionizing radiation.
  • (9) chattykathy14 If you have any insight to share about how to get to grips with a trusteeship, please add your thoughts in the comment section below.
  • (10) In 1993, Nauru and Australia reached an out-of-court settlement when the government of Nauru discontinued its claim for damage to phosphate lands mined while Australia was administering Nauru under a UN trusteeship.
  • (11) Nicholas Fryer – Charityworks Programme Graduate Nicholas conducted Young Charity Trustees' first ever survey in July 2013, exploring young people's experiences and perceptions of charity trusteeship.
  • (12) Some of the myths around trusteeship need to change – like the idea that you have to be a company executive to be on a board, according to Leon Ward, who helped produce the Young Trustees Guide published by the Charities Aid Foundation in August.
  • (13) You also need to branch further and attend sector networking events; with trusteeship it is often who you know (although this is gradually changing).
  • (14) Donald Sterling can try to reinstate his trusteeship by appealing to the California Probate Court.
  • (15) Trusteeship is a two way relationship and it’s critical you feel like you are a good fit for the organisation and the organisation is a good fit for you.
  • (16) He says trusteeship is a great way to involve young people and excite them about working in the charity sector as a career .
  • (17) This led her to become an ambassador for Young Charity Trustees, and she has now taken on a second trusteeship for the International Development Charity Afrinspire.
  • (18) The idea that you need to know all the answers excludes young people from applying for trusteeships – charities need to make clear that they want to hear from young people.
  • (19) This is why I am so supportive of Trustees’ Week , a campaign which aims to raise awareness of trusteeship and to encourage people from all backgrounds and ages to consider becoming trustees.
  • (20) Young peoples' motivations for considering trusteeship were also very positive, with the two most common being the desire to give something back, support a cause or organisation they cared about or had been involved with and the desire to develop skills, experience and networks.

Words possibly related to "receivership"

Words possibly related to "trusteeship"