conservator n1 : a person, official, or institution appointed by a court to take over and manage the estate of an incompetent compare committee , curator , guardian , receiver , tutor
2 : a public official charged with the protection of something affecting public welfare and interests
: an official placed in charge of a bank because its affairs are not in a satisfactory condition
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.