Administrator

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Dictionary Says

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 Says

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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