Word of the Wise: Steward

To steward (STEW-urd) is to manage property or money on behalf of somebody else. The word — from the Old English for “household” + “keeper” — originated as the title of the man in charge of running the day-to-day affairs of a castle or manor. His responsibilities included such things as supervising servants, collecting rents, and keeping accounts. 

Example (as used by Matthew Adams today): “I learned a great deal about human psychology by monitoring and trading financial markets. (Not to mention how to steward large sums of money.)”

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