Administration: Difference between revisions
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imported>Doug Williamson (Add definitions. Source - Oxford Dictionary of English.) |
imported>Doug Williamson (Add link.) |
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* [[Pre pack administration]] | * [[Pre pack administration]] | ||
* [[Receivership]] | * [[Receivership]] | ||
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[[Category:Compliance_and_audit]] | [[Category:Compliance_and_audit]] | ||
Revision as of 05:48, 17 August 2022
1. UK insolvency law.
A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern.
Or, failing that, to achieving a more favourable realisation of its assets than would be possible on a liquidation or through a voluntary arrangement.
2. Governance.
Activities relating to organising and supervising an institution or other organisation.
3. Corporate structure.
The people who undertake the work in definition 2 above.
