administration order

  • 1administration order — ➔ order1 * * * administration order UK US noun [C] UK LAW ► an order by a court for a company that cannot pay its debts to be managed by an independent administrator who will try to improve the company s financial situation and to keep it… …

    Financial and business terms

  • 2administration order — Under Part II of the Insolvency Act 1986, an administrator is appointed under Court order. He takes control of the company s affairs to achieve the primary purpose of allowing the company to recover from its financial difficulties and to be… …

    Law dictionary

  • 3Administration Order — 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 court order is issued that forbids any form of legal or insolvency… …

    Wikipedia

  • 4administration order — 1) An order made in a county court for the administration of the estate of a judgement debtor (see judgement creditor). The order normally requires the debtor to pay all debts by instalments; so long as he does so, the creditors referred to in… …

    Big dictionary of business and management

  • 5administration order — 1) An order made in a county court for the administration of the estate of a judgment debtor. The order normally requires the debtor to pay the debts by instalments; so long as this is done, the creditors referred to in the order cannot enforce… …

    Accounting dictionary

  • 6administration order — /ədˌmɪnɪ streɪʃ(ə)n ˌɔ:də/ noun 1. an order by a court, by which a debtor repays his debts in instalments 2. an order by a court to appoint an administrator for a company …

    Dictionary of banking and finance

  • 7Administration (insolvency) — Administration is a procedure under the insolvency laws of a number of common law jurisdictions which functions as a rescue mechanism for insolvent companies and allows them to carry on running their business. The process mdash; an alternative to …

    Wikipedia

  • 8insolvency administration order — A court order for the administration of the insolvent estate of a deceased debtor in bankruptcy …

    Accounting dictionary

  • 9Administration (law) — As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – an… …

    Wikipedia

  • 10order — 1) In business and trade, making a request to deliver, sell, receive, or purchase goods or services; 2) In the securities and futures trade, instructions to a broker on how to buy or sell. The most common orders in futures markets are market… …

    Financial and business terms