What is ADMINISTRATION EXPENSE? Definition of ADMINISTRATION EXPENSE in Black's Law Dictionary
"Administrative expenses" imply disbursements incidental to the management of the estate for which credit would be allowed on a voucher. In re Hooker's Estate, 18 N.Y.S.2d 107, 112, 173 Misc. 515. Those deductible in computing estate tax are merely charges which are proper deductions and in ordinary course of administration will ultimately be allowed. Bourne v. U. S., Ct.C1., 2 F.Supp. 228, 231.
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That's the definition of ADMINISTRATION EXPENSE in Black's Law Dictionary - Courtesy of Cekhukum.com.
