a person who is appointed, subject to a floating charge, to receive monies/property owed.
Insolvency practitioner appointed when a company goes into receivership (work out). A company may go straight to administrative receivership, presided over by an administrative receiver, usually known simply as the receiver. see also Chapter 11
a receiver or manager of the whole, or substantially the whole, of a company's property and is appointed by or on behalf of the holders of any debentures of the company secured by a floating charge