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administration order

   Also found in: Wikipedia 0.04 sec.

administration order

Measure to place an administrator in charge of a company in financial difficulty. This action is taken by a court acting under insolvency legislation to keep the company trading as a going concern or, failing that, achieve a more favourable realization of its assets than would be possible following a liquidation.



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Table 2 shows the DGI item administration order compared to the Rasch analysis-derived item difficulty order.
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