Guardianship

Business, Legal & Accounting Glossary

Definition: Guardianship


Quick Summary of Guardianship


A legal relationship created by a court between a guardian and his ward–either a minor child or an incapacitated adult. The guardian has a legal right and duty to care for the ward. This may involve making personal decisions on his or her behalf, managing property or both. Guardianships of incapacitated adults are more typically called conservatorships.




What is the dictionary definition of Guardianship?

Dictionary Definition


The office or position of one acting as a guardian or conservator, especially in a legal capacity.


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Modern Language Association (MLA):
Guardianship. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 23, 2021 https://payrollheaven.com/define/guardianship/.
Chicago Manual of Style (CMS):
Guardianship. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/guardianship/ (accessed: September 23, 2021).
American Psychological Association (APA):
Guardianship. PayrollHeaven.com. Retrieved September 23, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/guardianship/

Definition Sources


Definitions for Guardianship are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 1 Views.