Administrator

Definition of 'Administrator'


1. A person empowered by a court to act for another person who is deemed incapable of acting for himself/herself.

2. Under the Uniform Securities Act, an entity that enforces the rules and regulations, including registration requirements and post-registration requirements, of investment advisory professionals.

Investopedia explains 'Administrator'


1. For example, an Administrator is appointed to take charge of an estate if an individual has died without leaving a will.

2. Commonly referred to as the "State Administrator".



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