Defn: An acknowledgement of indebtedness made by a receiver under order of court to obtain funds for the preservation of the assets held by him, as for operating a railroad. Receivers' certificates are ordinarily a first lien on the assets, prior to that of bonds or other securities.

RECEIVERSHIP
Re*ceiv"er*ship, n.

Defn: The state or office of a receiver.

RECELEBRATE
Re*cel"e*brate, v. t.

Defn: To celebrate again, or anew.
— Re*cel`e*bra"tion, n.

RECENCY
Re"cen*cy, n. Etym: [LL. recentia, fr. L. recens. See Recent.]

Defn: The state or quality of being recent; newness; new state; late origin; lateness in time; freshness; as, the recency of a transaction, of a wound, etc.

RECENSE Re*cense", v. t. Etym: [L. recensere; pref. re- again + censere to value, estimate: cf. F. recenser.]

Defn: To review; to revise. [R.] Bentley.

RECENSION
Re*cen"sion, n. Etym: [L. recensio: cf. F. recension.]