stew·ard·ship

[stoo-erd-ship, styoo-]
noun
1.
the position and duties of a steward, a person who acts as the surrogate of another or others, especially by managing property, financial affairs, an estate, etc.
2.
the responsible overseeing and protection of something considered worth caring for and preserving: New regulatory changes will result in better stewardship of lands that are crucial for open space and wildlife habitat.

Origin:
steward + -ship

un·der·stew·ard·ship, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
steward (ˈstjʊəd) [Click for IPA pronunciation guide]
 
n
1.  a person who administers the property, house, finances, etc, of another
2.  a person who manages the eating arrangements, staff, or service at a club, hotel, etc
3.  a person who attends to passengers on an aircraft, ship or train
4.  a mess attendant in a naval mess afloat or ashore
5.  a person who helps to supervise some event or proceedings in an official capacity
6.  short for shop steward
 
vb
7.  to act or serve as a steward (of something)
 
[Old English stigweard, from stig hall (see sty) + weardward]
 
'stewardship
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Stewardship is always a great word to know.
So is callithumpian. Does it mean:
a scrap or morsel of food left at a meal.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
Example sentences
Kids can learn a number of skills here, including problem solving, stewardship
  and basic forest management.
Stewardship of the environment is a concept that land is a resource.
Members will also fear that the electorate will punish the government for poor
  stewardship of an exploding budget deficit.
Energy savings are critical to sustainable stewardship of the planet.
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