What is a receiver?
The receiver reverses the process by receiving the RF signal and converting the carrier signal into a usable audio signal. This is accomplished by a process called heterodyning where the carrier is filtered, then converted to an intermediate frequency (IF) which is a fraction of the original carrier frequency. After filtering in the IF section, the signal is sent to an FM demodulator which separates the superimposed audio signal from the RF carrier, and converts it into a usable microphone signal again. The usable audio signal is then fed to the output which is connected to the amplifier or mixer. The receiver acts like a standard microphone when used in conjunction with a transmitter and microphone.
There are many different kinds of receiver and their powers vary according to the terms of their appointment. An administrative receiver is a receiver or manager of the whole, or substantially the whole, of a company’s property who is appointed by or on behalf of the holders of any debentures of the company secured by a floating charge. He or she has the power to sell (or otherwise realise) the assets covered by the floating charge and apply the proceeds to the debt owed to the charge-holder. Receivers who are not administrative receivers may be appointed in other circumstances. For example, under powers contained in an instrument or document creating a charge over a company’s property, a receiver or manager may be appointed until the debt is recovered. Receivers may also be appointed under the Law of Property Act 1925.
