Simple English definitions for legal terms
Read a random definition: Outstanding stock
A receiver general is a person who works for the government and is responsible for managing the money that the government receives and keeps in its treasury. They make sure that the government has enough money to pay for things like schools, hospitals, and roads. Think of them like a piggy bank for the government!
Definition: A receiver general is a public official who is responsible for managing a government's finances, including collecting revenue and managing the treasury.
For example, in Canada, the Receiver General for Canada is responsible for managing the federal government's financial affairs, including collecting taxes and managing the government's bank accounts.
Another example is the Receiver General for Scotland, who is responsible for managing the Scottish government's finances, including collecting taxes and managing the government's budget.
These examples illustrate how a receiver general is a key public official who plays an important role in managing a government's finances and ensuring that the government has the resources it needs to provide services to its citizens.