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Webster 1913 Edition

Noun.

Conservation, as from injury, defilement, or irregular use.

[An act was] passed in 1866, for vesting in the Conservators of the River Thames the

conservancy

of the Thames and Isis.

Mozley & W.

Noun.

[L. See Conserve.] A court of conservancy is held by the Lord Mayor of London, for the preservation of the fishery on the Thames.

conservancy ‎(plural conservancies)

The conservation of a resource
An organization dedicated to the conservation of natural resources
(Britain) A commission that deals with fishery and navigation
(US, law) A state in which a company is allowed to continue trading without incurring any new financial liabilities or disposing of any assets
- 1986 April 16, "Midland Insurance was placed in conservancy.", Los Angeles Times