administrationad·min·is·tra·tion /ədˌmɪnəˈstreɪʃən/ noun1[uncountableU]COMMERCE the activities involved with managing and organizing the work of a company or organizationI want to spend my time on research and development rather than administration.
2[uncountableU] the part of a company or organization involved with managing and organizing its workThe job cuts will affect those in sales support and administration.
3[countableC usually singular] the government of a country at a particular time, especially in the United StatesHe said that the administration had created one million new jobs.
The problem has been ignored by successive administrations.
4[uncountableU]LAW in Britain and some other countries, when a company in financial difficulty is reorganized by an outside specialist with the aim of continuing some of its activities so that it can avoid LIQUIDATION (=being broken up and sold)The company is currently in administration, but Mr Brown hopes that it will be possible to keep it going in some form.
The parent company went into administration in July with debts estimated at £50 million.
The group should continue trading despite its financial problems, rather than be put into administration.
→ see also bankruptcy, Chapter 11, liquidation, receivership