monitorship

plural monitorships

1. The status of serving as a monitor.

   John E. McArdle, a spokesman for Mr. Bruno, said […] that Mr. Getnick’s monitorship had not been discussed.

   2007 September 30, Nicholas Confessore, “Ex-Monitor of Horse Racing Interviewed in Bruno Inquiry”, in New York Times

   1 more example

   A costly part of corporate settlements, monitorship agreements force companies to hire external counsel for years to ensure executives don’t repeat their misconduct.

   2014 October 15, Joel Schectman, “SEC Official:Company Reforms Can Make Monitorships Unneccesary^([sic])”, in Wall Street Journal