administration

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Administration

The performance of executive duties in an institution or business. The Small Business Administration is responsible for administration of some disaster-relief loans. In government, the practical management and direction of some department or agency in the Executive Branch; in general, the entire class of public officials and employees managing the executive department. The management and distribution of the estate of a decedent performed under the supervision of the surrogate's or probate court by a person duly qualified and legally appointed. If the decedent made a valid will designating someone called an executor to handle this function, the court will issue that person letters testamentary as authority to do so. If a person dies intestate or did not name an executor in his or her will, the court will appoint an administrator and grant him or her Letters of Administration to perform the duties of administration.

An executor or administrator must carry out the responsibilities of administration, including collection and preservation of the decedent's assets; payment of debts and claims against the estate; payment of estate tax; and distribution of the balance of the estate to the decedent's heirs.

administration

noun administratio, care, conduct, control, direction, dispensation, disposal, disposition, execution, executive charge, guardianship, handling, keeping, management, ministration, performance of executive duties, practical management, procuratio, regulation, settlement of an essate, superintendence, supervision
Associated concepts: administration of a bankrupt's estate, administration of an estate, administration of expenses, addinistration of the laws, fair administration of justice, trust administration
Foreign phrases: Nihil infra regnum subditos magis connervat in tranquilitate et concordia quam debita legum administratio.Nothing better preserves in tranquillity and concord those subjected to the same government than the due administration of the laws.
See also: act, action, agency, apportionment, authorities, bureau, bureaucracy, charge, commission, control, custody, direction, dispensation, disposition, economy, enactment, enforcement, generalship, government, guidance, management, performance, regime, regulation, supervision, transaction

administration

1 the political executive.
2 the conduct or disposal of the estate of a deceased person.
3 the management by a trustee of an estate subject to a trust.
4 the administering of something, such as an oath or sacrament.

ADMINISTRATION, trusts. The management of the estate of an intestate, a minor, a lunatic, an habitual drunkard, or other person who is incapable of managing his own affairs, entrusted to an administrator or other trustee by authority of law. In a more confined sense, and in which it will be used in this article, administration is the management of an intestate's estate, or of the estate of a testator who, at the time administration was granted, had no executor.
     2. Administration is granted by a public officer duly authorized to delegate the trust; he is sometimes called surrogate, judge of probate, register of wills and for granting letters of administration. It is to be granted to such persons as the statutory provisions of the several states direct. In general the right of administration belongs to him who" has the right to the venue of the personalty: as if A make his will, and appoint B his executor, who dies intestate, and C is the legatee of the residue of A's estate, C has the right of administration cum testamento annexo. 2 Strange, 956; 12 Mod. 437, 306; 1 Jones, 225; 1 Croke. 201; 2 Leo. 55; 1 Vent. 217.
     3. There are several kinds of administrations, besides the usual kind which gives to the administrator the management of all the personal estate of the deceased for an unlimited time. Administration durante minore oetate, administration durante absentia, administration pendente lite, administration de bonis non, administration cum testamento annexo.

ADMINISTRATION, government. The management of the affairs of the government; this word is also applied to the persons entrusted with the management of the public affairs.

References in periodicals archive ?
TBOR2 also provided the TA with broader authority to issue and rescind Taxpayer Assistance Orders (TAOs), codifying authority previously granted by the IRS administratively.
4 Administratively, Revenue Canada has issued "International Transfer Pricing and Other International Transactions," Information Circular 87-2 (Feb.
Tax Executives Institute supports the effort to resolve this issue administratively on a basis consistent with the extant legislation.
CNNIC takes direction from the Ministry of Information Industry (MII) to conduct daily business, while it is administratively operated by the Chinese Academy of Sciences (CAS).
Burbank Councilman Ted McConkey said the changes should not have been approved administratively by staffers.
67-463, which continued administratively the premium payment test of pre-1955 law for inclusion of insurance proceeds.
During the past two weeks, we have engaged in a debate concerning the time period for large case taxpayers to administratively protest proposed tax adjustments.
He will report administratively to Trevor Fetter, Tenet's president and chief executive officer.
Glendale Municipal Court officials took the action against Dona Bracke after ``a time-consuming review and appraisal,'' according to a statement issued by the Los Angeles Superior Court Administratively Unified Courts.
From a practical standpoint, these criteria will often preclude the CPA from charging a contingent fee for the preparation of a refund claim - even relating to a controversial or contentious issue - since the vast majority of contested claims get settled administratively, and it would therefore be difficult to demonstrate an expectation of litigation.
1031(f)-1 (relating to multiple asset exchanges) essentially requires taxpayers to separately value each and every asset transferred or received in an exchange -- an expensive and administratively burdensome task even when the assets not within an exchange group may constitute only a small portion of the entire exchange.
Server and Workstation Grouping: Policies can be applied quickly and easily to servers and workstations within administratively defined groups.

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