Jeff Roggers
Receiver's Certificate A short-term debt security issued by a receiver (or party appointed by secured creditors in a bankruptcy) to finance his activities during bankruptcy proceedings. Despite the fact that they involve bankruptcy, receiver's certificates are low risk because they are secured by the same assets to which the secured creditors hold liens. Farlex Financial Dictionary. — 2012 Farlex, Inc. All Rights Reserved
Printed copy · Anthology Volume 3, page 1304
