trusteeship

/trʌs'ti:ʃip/

Thân thiện

The United Nations established a trusteeship to help the territory develop its own government.

Definition

Noun: 1. The position or office of a trustee: The legal responsibility and duty to manage property, assets, or affairs for the benefit of another person or entity. 2. A territory or country administered by another country under the supervision of an international authority (historically, the United Nations): A system of administration for dependent territories, established to promote their development towards self-government or independence.

Usage

• As a position or duty:
  • After his father's passing, he accepted the trusteeship of the family estate.
  • Her role involves the trusteeship of the charitable foundation's investments.
• As an administrative system:
  • The Pacific island was placed under UN trusteeship after the war.
  • The trusteeship system was a key part of the post-war international order.

Advanced Usage

• "Under trusteeship": Describes a territory being administered in this manner.
  • The region remained under trusteeship for over a decade before gaining independence.
• Legal and Fiduciary Context: Often used in legal, financial, and non-profit governance to describe a formal fiduciary relationship.
  • The board member's trusteeship requires them to act solely in the beneficiaries' interest.

Variants and Related Words

• Trustee (n): A person or organization that holds or manages property or assets in a trusteeship.
  • The museum's board of trustees makes major financial decisions.
• Trust (n): The legal arrangement or entity for which a trustee is responsible.
  • The assets are held in a trust for the grandchildren.

Synonyms

• Fiduciary duty: The legal obligation to act in another's best interest.
• Administration: The management and supervision of a territory or assets.
• Guardianship: The position of protecting and managing the affairs of someone (often used for people, while trusteeship is often for property or territories).

Related Phrases

• Trusteeship Council: A principal organ of the United Nations, established to supervise the administration of trust territories.
  • The Trusteeship Council suspended its operations in 1994 after the last territory became independent.

Học thuật

Noun

1. the position of trustee
2. a dependent country; administered by another country under the supervision of the United Nations

Từ đồng nghĩa

• trust territory