ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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RECEIVERSHIP Definition
RECEIVERSHIP is equitable remedy whereby a court orders property placed under the control of a RECEIVER so that it may be preserved for the benefit of affected parties. A failing company may be placed in receivership in an action brought by its creditors. The business is often continued but is subject to the receivers control. See also BANKRUPTCY.
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EXPORT DECLARATION is the official paperwork required of exporters so trade transactions and goods can be tracked.
DCAA is the Defense Contract Audit Agency.
