receiver
B2CEFR level
50/100Rarity: uncommon
TechnicalRegister
A person appointed to take control of and realise charged assets for the benefit of a secured creditor.
The bank appointed a receiver over the company's property under its floating charge.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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