stewardship

/'stjuədʃip/
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stewardship

The park ranger demonstrates good stewardship by maintaining the hiking trails.

Definition

Noun: 1. The position, duties, or responsibilities of a steward: This refers to the role of managing, supervising, or taking care of something entrusted to one's care, such as property, finances, resources, or an organization. 2. The responsible management and oversight of something considered valuable: This extends the meaning to the ethical and careful administration of resources, the environment, or responsibilities for the benefit of others or future generations.

Usage

The word "stewardship" is a formal and often positive term. It implies trust, responsibility, and a duty of care. It is commonly used in contexts like business (corporate stewardship), finance (fiduciary stewardship), environmentalism (environmental stewardship), and non-profit or religious organizations.

Examples
  • The board praised her stewardship of the company during the economic crisis.
  • Good stewardship of natural resources is essential for sustainability.
  • He accepted the stewardship of the family estate.
  • The charity is known for its transparent stewardship of donor funds.
Advanced Usage
  • "Fiduciary stewardship": The legal and ethical obligation to manage assets in the best interest of another party.
    • Bankers have a duty of fiduciary stewardship over their clients' investments.
  • "Environmental stewardship": The responsible use and protection of the natural environment through conservation and sustainable practices.
    • The award recognizes his lifelong commitment to environmental stewardship.
Variants and Related Words
  • Steward (noun): A person who manages or looks after something.
    • The estate steward managed the daily operations of the farm.
  • Steward (verb): To manage or oversee.
    • She stewarded the project from conception to completion.
  • Stewardly (adjective, rare): Characteristic of a good steward.
    • He acted in a stewardly manner with the entrusted funds.
Synonyms
  • Management: The process of dealing with or controlling things or people.
  • Administration: The process or activity of running an organization.
  • Supervision: The action of supervising someone or something.
  • Custodianship: The protective care or guardianship of something.
  • Trusteeship: The job or role of being a trustee; responsibility.
Idioms and Phrases
  • "A sense of stewardship": A feeling of personal responsibility for the careful management of something valuable.
    • We should all develop a sense of stewardship for our public parks.
  • "Under one's stewardship": During the period when someone is in charge.
    • The museum's collection grew significantly under her stewardship.
stewardship

The park ranger demonstrates good stewardship by maintaining the hiking trails.

Noun
  1. the position of steward