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Home > QFINANCE Dictionary > Definition of administration

Definition of

administration

  • 1. Finance

    management of insolvent UK firm by appointed administrator in the United Kingdom, a state of insolvency prior to the possible liquidation of a business. During administration, an appointed administrator may attempt to undertake turnaround management or decide that the company must go into liquidation.

    Related definitions of "administration"

  • 2. General Management

    management of firm's operations the management of the affairs of a business, especially the planning and control of its operations

administration - Related Articles

  • Klaus Kremers

    Biographies

    degree in international business administration and a master’s in business administration with special focus on finance.

  • Siri Terjesen

    Biographies

    Siri Terjesen holds a PhD from Cranfield School of Management (2006), a master’s in international business from the Norwegian School of Economics and Business Administration (Norges Handelshùyskole), where she was a Fulbright scholar (2002), and a BS in business administration from the University of Richmond, Virginia (1997

  • Ruud Kleynen

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    Ruud Kleynen is professor of asset– liability management in the Faculty of Economics and Business Administration at the University of Maastricht. His main areas of research cover the risk management and asset–liability management for pension funds and insurance companies. He also runs his own

  • Managing Bankruptcy and Insolvency

    Checklists

    Insolvency law around the world varies, but is generally aimed at protecting creditors’ interests and keeping a business afloat. As companies generally want to avoid bankruptcy, the usual practice today is for an insolvent company to file for “bankruptcy protection” (in the United Kingdom, the equivalent is for the company to go into what is called “administration

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Definitions of ’administration’ and meaning of ’administration’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’administration’ and other financial terms with our online QFINANCE Financial Dictionary.

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