Administration

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.

4. Government - US.

The individuals or group currently in power, especially the US federal government.

5. Government.

A department or agency of a government.

For example the State Administration of Foreign Exchange in China.

See also

• Administration expenses
• Administration order
• Administrative expenses
• Administrative Receiver
• Administrator
• Agency
• Chapter 11
• Devolved administration
• Examinership
• Federal
• Going concern
• Governance
• ICE Benchmark Administration
• Insolvency
• International Trade Administration
• Liquidation
• Master of Business Administration (MBA)
• Phoenix administration
• Pre pack administration
• Receivership
• Red tape
• Regulation
• State Administration of Foreign Exchange