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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

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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