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单词 administration order
释义 administration order

administration order noun [C]

(Law )

in the UK, an order made by a court for sb to take over the management of a business that cannot pay its debts:

The court may make an administration order if it satisfied that a company is unable to pay its debts.

If the administration order is granted the company has three months to find a solution to its problems.

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更新时间:2025/4/13 16:38:45