conservatorship

(redirected from conservatorships)
Also found in: Dictionary, Financial.
A status, defined by the jurisdiction, in which a conservatee—usually an elderly and/or mentally incompetent person—is under the control of another—conservator—vis-à-vis fiscal or contractual affairs, but not regarding the physical person or body—as with consent to medical or surgical treatment

conservatorship

(kŏn-sĕr′vă-tor-shĭp″)
The preservation and protection of a dependent person's self and property by another individual. The term does not refer to imprisonment or confinement in a psychiatric facility. This is called guardianship in some states.
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References in periodicals archive ?
FHFA noted that the total target pay for the top 15 executives at each GSE will drop 63 percent in 2012 from the total pay received prior to conservatorship.
As bank lobbyists continue their attempts to stop credit unions from having a higher member business lending cap, will the conservatorship of Texans Credit Union give legislators cause for pause?
An attorney who claims to represent Spears, meanwhile, has filed papers to move her conservatorship case from the Los Angeles County Superior Court to federal court, but legal experts question whether his legal strategy is viable and whether he can represent the troubled pop star at all.
The market value of assets held by thrifts in conservatorships may have changed over time because they were managed less efficiently than they would have been under the control of private investors, because of movements in the level of interest rates and because of price changes in real-estate markets.
7) In 1933, as an alternative to receiverships, conservatorships for national banks were created under Title II of the Emergency Banking Act of March 9, 1933.
The Federal Housing Finance Agency's (FHFA's) proposed regulations to establish a framework for the conservatorship and receivership of the government-sponsored enterprises (GSEs) under the agency's watch are "overly theoretical" and lack specificity according to a letter to FHFA from the Mortgage Bankers Association (MBA).
That CU has been under conservatorship for nearly a year and for a time was being partnered with the $505 million Dade County FCU of Miami, which later dropped its merger deal.
Government-owned Fannie Mae and Freddie Mac have received over $137 billion from the Treasury since they were seized and put them into conservatorship in August 2008.
The conservatorships and restructuring have cost credit unions dearly, in dollars and angst.
The conservatorships were announced less than two months after the NCUA injected $1 billion of emergency capital into U.