Chancellorship (noun)

1. The position or office of a chancellor, especially the head of a government or university.
2. The tenure of a chancellor, especially the head of a government or university.

Origin:

From the latin word cancellarius meaning "chancellor".

Examples:

1. He was appointed to the chancellorship of the university.
2. She held the chancellorship for several years.
3. The chancellorship was a prestigious and influential position.
4. He was the longest-serving chancellor in the university's history.
5. She was the first female chancellor of the university.