dry receivership
A receivership in which there is no equity available to pay general creditors. [Cases: Receivers 151, 163. C.J.S. Receivers §§ 299–301, 390–401.]
A receivership in which there is no equity available to pay general creditors. [Cases: Receivers 151, 163. C.J.S. Receivers §§ 299–301, 390–401.]