Insolvent vs Administration - What's the difference?

insolvent | administration |


As nouns the difference between insolvent and administration

is that insolvent is (legal) one who is insolvent; an insolvent debtor while administration is (uncountable) the act of administering; government of public affairs; the service rendered, or duties assumed, in conducting affairs; the conducting of any office or employment; direction.

As a adjective insolvent

is unable to pay one's bills as they fall due.

insolvent

English

Adjective

(en adjective)
  • Unable to pay one's bills as they fall due.
  • an insolvent debtor
  • Owing more than one has in assets.
  • Not sufficient to pay all the debts of the owner.
  • an insolvent estate

    Synonyms

    * See also

    Antonyms

    * solvent

    Derived terms

    * insolvency

    Noun

    (en noun)
  • (legal) One who is insolvent; an insolvent debtor.
  • (Bouvier)

    Usage notes

    * In England, before 1861, especially applied to persons who were not traders. ----

    administration

    Noun

    (en-noun)
  • (uncountable) The act of administering; government of public affairs; the service rendered, or duties assumed, in conducting affairs; the conducting of any office or employment; direction.
  • (countable) A body that administers; the executive part of government; the persons collectively who are entrusted with the execution of laws and the superintendence of public affairs; the chief magistrate and his cabinet or council; or the council, or ministry, alone, as in Great Britain.
  • Successive US administrations have had similar Middle East policies.
  • (uncountable) The act of administering, or tendering something to another; dispensation.
  • ''the administration of a medicine, of an oath, of justice, or of the sacrament.
  • (uncountable, business) Management.
  • (uncountable, legal, UK) An arrangement whereby an insolvent company can continue trading under supervision.
  • The company went into voluntary administration last week.

    Synonyms

    * supervision, conduct, management, regulation, organization, governing

    References

    * ----