Nonprofit Governance

adjective A title given to a retired professor or other professional as an honor.

• Dr. Smith is now emeritus professor of History at the university.
• After retiring, Professor Johnson became an emeritus faculty member.
• My grandpa is the coolest emeritus teacher at his old school.
• The retired CEO still holds emeritus status in the company's board meetings.

noun an unintentional failure to notice or do something

• The project manager's oversight ensured that all tasks were completed on time.
• I can't believe the oversight of the event coordinator led to such a big mistake.
• The oversight of the teacher totally saved us from having a pop quiz today.
• The lack of oversight in the company's finances led to a downward spiral in profits.

noun A person or organization that has been given the responsibility to manage and oversee assets or property on behalf of others.

• The trustee is responsible for managing the assets of the trust on behalf of the beneficiaries.
• I heard that Jane was appointed as the trustee for her friend's estate.
• I don't trust that trustee as far as I can throw them.
• As a trustee of the environment, we must ensure we leave the planet in a better state for future generations.