stewardship
n.the job of taking care of something important, like an organization, a piece of land, or a shared resource.
n.the careful and responsible management of something entrusted to one's care. Often used in environmental, financial, or organizational contexts to describe a duty toward future generations.
“The local community took over the stewardship of the park.”
“Effective corporate stewardship requires balancing short-term profits with the long-term health of the company's reputation.”
“The indigenous groups argued that their ancestral stewardship of the rainforest was more effective at preventing deforestation than the government's recent legislative interventions.”
Often paired with 'of' to indicate the resource or entity being managed.
“It handed Alonso victory in his first game in charge and hinted at what is to come from the team under his stewardship.”
“An artist’s work is traced through memory, stewardship, and decades of care.”
From Middle English stiwardshepe, equivalent to steward + -ship.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.