stewardship
B2CEFR level
55/100Rarity: uncommon
TechnicalRegister
Law noun
The responsible oversight and safeguarding of a company's affairs on behalf of others.
Institutional investors are expected to exercise active stewardship over the companies they own.
Business noun
The responsible oversight and careful management of assets entrusted to one's care.
Institutional investors are under pressure to show active stewardship of the companies they hold.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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