Business Glossary

court-appointed individual or bank charged with carrying out the court's decisions with respect to a decedent's estate until it is fully distributed to all claimants. Administrators are appointed when a person dies without having made a will or without having named an executor, or when the named executor cannot or will not serve. The term administratrix is sometimes used if the individual appointed is a woman.

In a general sense, an administrator is a person who carries out an organization's policies.

1. bank or party appointed by a probate court to distribute an estate of a person who dies intestate , that is, without leaving a WILL, fails to name an executor or when the executor refuses to serve. The administrator has legal authority to pay claims against the estate and distribute assets to heirs.
2. person who manages any business.

1. performer of executive duties; management.
2. court-appointed individual or bank charged with carrying out the court's decisions with respect to a decedent's estate until it is fully distributed to all claimants. Administrators are appointed when a person dies without having made a will or without having named an executor , or when the named executor cannot or will not serve.

the account name used by the system administrator underWindows NT and its successors. Compare root .

court-appointed person to manage the estate of a deceased individual who declared no executor or executrix . This person so appointed acts in a fiduciary capacity with regard to that estate.

a person appointed by a court to administer the estate of a deceased person who left no will.

Example: The administrator of the estate called a meeting of the deceased's relatives for the purpose of dividing the property.