1 An insolvent fuel company is managed by a court-appointed receiver.  A U.S. District Judge appointed a receiver for the multi-level marketing company Equinox International in August 1999. As of 2007, the receiver was authorized to distribute settlement funds from the now-defunct company to approved claimants.
OFFICER. He who is lawfully invested with an office. 2. Officers may be classed into, 1. Executive; as the president of the United States of America, the several governors of the different states.
military officer, officer - any person in the armed services who holds a position of authority or command; an officer is responsible for the lives of his men. P.O., petty officer, PO - a noncommissioned officer in the Navy or Coast Guard with a rank comparable to sergeant in the Army. sergeant - any of several noncommissioned officer ranks in the Army or Air Force or Marines ranking above a corporal.