Simple English definitions for legal terms
Read a random definition: reporting company
Trusteeship: Trusteeship refers to the role of a trustee, who is responsible for managing and overseeing something on behalf of others. In international law, trusteeship can also refer to the administration or supervision of a territory by one or more countries, often under the guidance of the United Nations.
Definition: Trusteeship refers to the office, status, or function of a trustee. In international law, it refers to the administration or supervision of a territory by one or more countries, especially under a U.N. trusteeship council.
Examples:
The examples illustrate how trusteeship can refer to both the role of a trustee in managing assets and the international administration of territories. In both cases, trusteeship involves a responsibility to act in the best interests of others and to ensure that resources are managed effectively and fairly.