administration
/ədˌmɪnɪˈstreɪʃən/ nounDefinition
› [U] the activity of managing or dealing with a business activity: Administration of the scheme is costly in terms of time. She studied business administration at New York University.
› [C] the people who manage and control a large organization: Some foreign postal administrations, including Britain's and France's, have embraced the concept. Will medical school administrations and faculty be happy to adopt a large increase in class size?
› (also Administration) [C] GOVERNMENT the government of the United States or of some other countries: It seems like there's an effort to centralize authority in Washington more than there has been in prior administrations. the Obama/Bush/Nixon Administration
› [U] UK LAW a situation in which an independent administrator takes control of a company that cannot pay its debts in order to try to improve the company's financial situation and keep it operating: The company has gone into administration, which was required if any money was to be returned to creditors. His business empire continues to trade and is not in administration. → Compare liquidation, receivership → See also business administration, the Federal Aviation Administration
(Definition of administration noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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