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governance

noun [U] /ˈɡʌv.ən.ənts/ US  /ˈɡʌv.ɚ.nənts/

Definition

the way that organizations or countries are managed at the highest level, and the systems for doing this: We aim to promote and maintain the highest standards of directorship and corporate governance.Bosses, managers and directorsPeople in charge of or controlling other people
(Definition of governance noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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