Stewardship
/ˈstuː.ɚ.dʃɪp/
Definitions
- (n.) The legal duty of managing and protecting property, assets, or interests on behalf of another party.
The trustee's stewardship ensured the estate was preserved for the beneficiaries.
- (n.) The responsible management and oversight of natural resources or corporate affairs in compliance with law and ethical standards.
Corporate stewardship requires acting in shareholders' best interests while considering environmental impact.
Related terms
See also
Commentary
Stewardship emphasizes responsibility and care in managing another's property or interests, often highlighting fiduciary obligations and ethical considerations in legal contexts.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.