/ˌæd.mɪˈnɪ.strə.tɪv ˈeɪ.dʒənt/ – Phrase
Definition: người đại diện quyền lực hành chính, người thay mặt chính quyền.
A more thorough explanation: An administrative agent is a designated individual or entity appointed to act on behalf of a group of lenders in a syndicated loan agreement. The administrative agent is responsible for facilitating communication between the borrower and the lenders, managing the administrative aspects of the loan agreement, and ensuring compliance with the terms and conditions of the loan.
Example: The administrative agent is responsible for managing the day-to-day operations of the company in accordance with the terms of the agreement.
