Receiver (noun)

1. A device used to receive signals, such as audio, video, or radio signals, and convert them into a form that can be played or displayed.
2. A person or organization appointed to receive and manage property or assets for another person, especially in a legal capacity.
3. A player on the receiving team in various sports, especially American football, who is positioned to catch a pass from the quarterback.

Origin:

Late 16th century (in the sense 'person appointed to manage the affairs of an insolvent company'): from old french receveur, from latin recipere 'receive'. the current senses date from the late 19th century.

Examples:

1. She purchased a new receiver for her home theater system.
2. The receiver was appointed to manage the affairs of the bankrupt company.
3. The receiver caught the touchdown pass in the end zone.
4. The receiver translated the encrypted message into clear text.
5. The receiver sold the assets of the company to pay its debts.