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History of the term. Stewardship was originally made up of the tasks of a domestic steward, from stiÄ¡ (house, hall) and weard, (ward, guard, guardian, keeper). Stewardship in the beginning referred to the household servantâs duties for bringing food and drink to the castleâs dining hall.
Peel suggests that there are four important principles about biblical stewardship we must understand: 1. The principle of ownership. The psalmist begins the 24th psalm with, The earth is the LORDâs, and everything in it, the world, and all who live in it.