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A regime is the leader and other people who run a government of a sovereign state.
There are many kinds of regimes. They can achieve power in many ways. Depending on the time and place and local civics like the electoral system, they can lose power in many ways too. The most common way for a regime to lose power was a coup, invasion or revolution until the 20th century. After that it became very dangerous and difficult to use these methods. Peaceful regime change is usually by an election - this method is now used by more than half the people on the Earth. It is called representative democracy. Such regimes are often called administrations to make it clear they are not dictators, and since the executive branch does not have all the power itself - it may share it with a legislative branch. Also the judicial branch is separate. The courts are not usually considered part of the regime.