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What is a conservancy?

What is a conservancy? Here are some definitions.

Noun
  1. The conservation of a resource
  2. An organization dedicated to the conservation of natural resources
  3. (Britain) A commission that deals with fishery and navigation
  4. (US, law) A state in which a company is allowed to continue trading without incurring any new financial liabilities or disposing of any assets
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Examples
Smallie said the birds' natural habitat is the wetlands, and wetland conservancy is therefore urged.
And the conservancy has already offered 90,000 of the most suitable acres to local people and set up a trust in their behalf.
The Economic Affairs Minister said that public investment in water conservancy is necessary, even if it means increasing public debt.
Suitable sites for putting up sheds and necessary arrangements for conservancy, lighting and general sanitation of the health camp were made.
Gradually, with the support of the conservancy, backyard efforts initiated by people with a passion for a particular breed began to appear.
The main driving force in China to survey and draw maps was often for military reasons but also for problems such as water conservancy.

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