Administration means: In the event of failure, administrators will attempt to sell assets and make at most partial payments to creditors. (in Business Dictionary)

What else does Administration mean?

  • Administrators are there to save the company and keep it a viable business. The administrator may try to rescue the creditors, if this is not possible. (in Business Dictionary)
  • Administrators or administrative receivers may be appointed when a company is in financial difficulty and cannot pay its debts. (in Business Dictionary)
  • Administration is the act of or process of administrating, particularly management of large institutions or governments. (in Merlin Dictionary)
  • Activity of a state or government in exercising its power and duties. (in Merlin Dictionary)
  • Executive branch of government. (in Merlin Dictionary)
  • A group of individuals who oversee or control an institution. (in Merlin Dictionary)
  • A term for an officer of an executive body. (in Merlin Dictionary)
  • Administration of an estate or trust. (in Merlin Dictionary)
  • Dispensing, applying or tendering something such as an oath or sacrament or medicine. (in Merlin Dictionary)