RECEIVER Definition

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RECEIVER is a court appointed person who takes possession of, but not title to, the assets and affairs of a business or estate that is in a form of bankruptcy called RECEIVERSHIP where the receiver collects rents and other income and generally manages the affairs of the entity until a disposition is made by the court.

Learn new Accounting Terms

RPU is Revenue Per User (telecommunications), Revenue Per Unit, or Revenue Protection Unit.

SAMPLING RISK is the possibility that conclusions drawn from the sample may not represent correct conclusions for the entire population.

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