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The word "administration" is from the Middle English administracioun, deriving from the French administration, which is itself derived from the Latin administratio: a compounding of ad ("to") and ministratio ("to give service"). Wikipedia does not have an article with this exact name. ...
Wiktionary is a Wikimedia Foundation project intended to be a free wiki dictionary (hence: Wiktionary) (including thesaurus and lexicon) in every language. ...
Middle English is the name given to an early form of the English language that was in common use from roughly the 12th to the 15th centuries— from after the Norman invasion by William the Conqueror in 1066 to around the introduction of the printing press by William Caxton...
Latin was the language originally spoken in the region around Rome called Latium. ...
A compound is a word (lexeme) that consists of more than one free morpheme. ...
In modern usage, the word has particular meanings in particular contexts, but all retain this sense of service provision.
Business In business, administration consists of the performance or management of transactions and other matters, and the making and implementing of major decisions. Administrator can serve as the title of the General Manager or Company Secretary who reports to a corporate board of directors. This use is archaic. Wall Street, Manhattan is the location of the New York Stock Exchange and is often used as a symbol for the world of business. ...
A financial transaction involves a change in the status of the finances of two or more businesses or individuals. ...
Administration can be defined as the universal process of efficiently organizing people and resources so to direct activities toward common goals and objectives. Administration is both an art and a science (if an inexact one), and arguably a craft, as administrators are judged ultimately by their performance. Administration must incorporate both leadership and vision. Look up craft in Wiktionary, the free dictionary. ...
Management is viewed as a subset of administration, specifically associated with the technical and mundane elements within an organization's operation. It stands distinct from e The term management characterizes the process of and/or the personnel leading and directing all or part of an organization (often a business) through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). ...
Government -
In some contexts, including normal usage in the United States, the term administration also refers to the executive branch under a specific president (or sometimes governor, mayor, or other local executive), for example: the "Bush administration". (Most other English-speaking countries use the analogous term government, as in the "Blair government".) It can also mean an executive branch agency headed by an administrator: these agencies tend to have a regulatory function as well as an administrative function. On occasion, people in the U.S. will use the term to refer to the time a given person was president, e.g. "they've been married since the Carter administration." It has been suggested that public management be merged into this article or section. ...
The executive is the branch of a government charged with implementing, or executing, the law and running the day-to-day affairs of the government or state. ...
The executive is the branch of a government charged with implementing, or executing, the law and running the day-to-day affairs of the government or state. ...
The presidential seal was used by President Hayes in 1880 and last modified in 1959 by adding the 50th star for Hawaii. ...
Religious Another sense involves the administration (giving or tendering) of the sacraments, justice, oaths, medicines (see route of administration), etc. See Wiktionary:Administration. A sacrament is a Christian rite that mediates divine grace—a holy [[Mystery The root meaning of the Latin word sacramentum is making sacred. One example of its use was as the term for the oath of dedication taken by Roman soldiers; but the ecclesiastical use of the word is...
J.L. Urban, statue of Lady Justice at court building in Olomouc, Czech Republic (1896-1901) Justice is the ideal, morally correct state of things and persons. ...
An oath (from Old Saxon eoth) is either a promise or a statement of fact calling upon something or someone that the oath maker considers sacred, usually a god, as a witness to the binding nature of the promise or the truth of the statement of fact. ...
Medicine is the branch of health science and the sector of public life concerned with maintaining or restoring human health through the study, diagnosis, treatment and possible prevention of disease and injury. ...
In pharmacology and toxicology, a route of administration is the path by which a drug, fluid, poison or other substance is brought into contact with the body 1. ...
Computing -
A system administrator is a person responsible for running, or running some aspect of, a computer system. ...
Legal use in the United Kingdom In the United Kingdom, administration can refer to the British laws for The stela of King Hammurabi depicts the god Shamash revealing a code of laws to the king. ...
- the division or disposal of the estate of a deceased person. See below
- a legally appointed interim Chief Executive (the "Administrator") to take compulsory control of the affairs of a company in difficulties. This is described below.
Estate is a term used in the common law. ...
Look up Administration in Wiktionary, the free dictionary. ...
Look up Administration in Wiktionary, the free dictionary. ...
Administration of an estate (on death) For an explanation of administration (as to both testate and intestate estates) in the United States, see probate. Probate is the legal process of settling the estate of a deceased person; specifically, distributing the decedents property. ...
Where a person dies leaving a will appointing an executor, and that executor validly disposes of the property of the deceased within England and Wales, then the estate will go to probate. However, if no will is left, or the will is invalid or incomplete in some way, then administrators must be appointed. They perform a similar role to the executor of a will but, where there are no instructions in a will, the administrators must distribute the estate of the deceased according to the rules laid down by statute and the common law. In the common law, a will or testament is a document by which a person (the testator) regulates the rights of others over his property or family after death. ...
An executor is a person named by a maker of a will to carry out the directions of the will. ...
Certain property falls outside the estate for administration purposes, the most common example probably being houses jointly owned that pass by survivorship on the first death of a couple into the sole name of the survivor. Other examples include discretionary death benefits from pension funds, accounts with certain financial institutions subject to a nomination and the proceeds of life insurance policies which have been written into trust. Trust property will also frequently fall outside of the estate but this will depend on the terms of the trust.
Since the Land Transfer Act of 1897, the administrator acts as the personal representative of the deceased in relation to land and other property. Consequently, when the estate under administration consists wholly or mainly of land, the court will grant administration to the heir to the exclusion of the next of kin. In the absence of any heir or next of kin, the Crown has the right to property (other than land) as bona vacantia, and to the land by virtue of the historic land rights of the Crown (and the Duchy of Cornwall and Duchy of Lancashire in their respective areas). If a creditor claims and obtains a Grant of Administration, the court compels him or her to enter into a bond with two sureties that he or she will not prefer his or her own debt to those of other creditors. 1897 (MDCCCXCVII) was a common year starting on Friday (see link for calendar). ...
A creditor is a party (e. ...
Letter of administration: Upon the death of a person intestate, or leaving a will without appointing executors, or when the executors appointed by the will cannot or will not act, the Probate Division of the High Court of Justice or the local District Probate Registry will appoint an administrator who performs similar duties to an executor. The court does this by granting letters of administration to the person so entitled. Grants of administration may be either general or limited. A general grant occurs where the deceased has died intestate. The order in which the court will make general grants of letters follows the sequence: An executor is a person named by a maker of a will to carry out the directions of the will. ...
Her Majestys High Court of Justice (usually known more simply as the High Court) is, together with the Crown Court and the Court of Appeal, part of the Supreme Court of England and Wales: see Courts of England and Wales. ...
- The husband, or widow, as the case may be;
- the next of kin;
- the crown;
- a creditor;
- a stranger.
Where, under the rules for distribution of estates without a will (the Intestacy Rules), a child under 18 would inherit or a life interest would arise, then the Court or District Probate Registry would normally appoint a minimum of two administrators. On some estates, even under an intestacy, it is not clear who are the next-of-kin, and probate research may be required to find the entitled beneficiaries. It has been suggested that this article or section be merged with Intestacy. ...
Probate research deals with finding heirs and proving their right to inheritances. ...
The more important cases of grants of special letters of administration include the following:
Administration cum testamento annexo, where the deceased has left a will but has appointed no executor to it, or the executor appointed has died or refuses to act. In this case the court will make the grant to the person, usually the residuary legatee, with the largest beneficial interest in the estate.
Administration de bonis non administratis occurs in two cases:
- Where the executor dies intestate after probate without having completely administered the estate
- Where an administrator dies.
In the first case the principle of administration cum testamento is followed, in the second that of general grants in the selection of the person to whom letters are granted. Intestacy refers to the body of common law that determines who is entitled to the property of a dead person in the absence of a last will and testament or other binding declaration. ...
- Administration durante minore aetate, when the executor or the person entitled to the general grant is under age.
- Administration durante absentia, when the executor or administrator is out of the jurisdiction for more than a year.
- Administration pendente lite, where there is a dispute as to the person entitled to probate or a general grant of letters the court appoints an administrator till the question has been decided.
Administration of an insolvent business -
Under the insolvency laws of a number of common law jurisdiction, there are provisions which allow a company which is in financial difficulty to apply to the court for an Administration order. This is known colloquially as "going into administration". On the making of an administration order, the company receives protection from its creditors (including secured creditors) to try and preserve the company as a going concern and to avoid liquidation. The making of an administration order is very similar in effect to going into Chapter 11 in the U.S.A. In English and Welsh insolvency law, an Administration Order is a method used to protect a company experiencing short or medium term financial problems from its creditors. ...
The examples and perspective in this article or section may not represent a worldwide view. ...
This article concerns the common-law legal system, as contrasted with the civil law legal system; for other meanings of the term, within the field of law, see common law (disambiguation). ...
A company is, in general, any group of persons, which are known as its members, united to pursue a common interest. ...
In English and Welsh insolvency law, an Administration Order is a method used to protect a company experiencing short or medium term financial problems from its creditors. ...
A creditor is a party (e. ...
A secured creditor is a creditor which has the benefit of a security interest over some or all of the assets of the debtor. ...
Liquidation, or winding up, refers to a business whose assets are converted to money in order to pay off debt. ...
Chapter 11 of the Bankruptcy Code governs the process of reorganization under the bankruptcy laws of the United States. ...
For other uses, see United States (disambiguation) and US (disambiguation). ...
Going into administration is separate and distinct from going into administrative receivership which is a credit driven process whereby an administrative receiver is appointed over all of the assets and undertaking of the failing business by the holder of a floating charge. Although there are notional similarities between administration and administrative receivership (an outsider takes over control and management of the company from the board of directors), the intent and purpose of each type of insolveny regime are completely different. Administrative Receivership is when an Official Receiver is put into a company to secure the assets. ...
A floating charge is a form of security (i. ...
In relation to a company, a director is an officer of the company charged with the conduct and management of the affairs of the company. ...
See also This article incorporates text from the Encyclopædia Britannica Eleventh Edition, a publication now in the public domain. An academic administration is a branch of university or college employees responsible for the maintenance and supervision of the institution and separate from the faculty or academics, although some personnel may have joint responsibilities. ...
It has been suggested that public management be merged into this article or section. ...
A system administrator is a person responsible for running, or running some aspect of, a computer system. ...
English law is a formal term of art that describes the law for the time being in force in England and Wales. ...
Encyclopædia Britannica, the 11th edition The Encyclopædia Britannica Eleventh Edition (1910–1911) is perhaps the most famous edition of the Encyclopædia Britannica. ...
The public domain comprises the body of all creative works and other knowledge—writing, artwork, music, science, inventions, and others—in which no person or organization has any proprietary interest. ...
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