RECEIVER'S CERTIFICATE: Debt instrument issued by a Receiver, who uses the proceeds to finance continued operations or otherwise to protect assets in receivership. The certificates constitute a LIEN on the property, ranking ahead of all other secured or unsecured liabilities in liquidation. Barrons Dictionary of Finance and Investment Terms.
Printed copy · Anthology Volume 6, page 919Printed copy from The Tender For Law Anthology, Volume 6, page 919 (printed 13 June 2014). Added by this site; not part of the Facebook export.