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- DictionaryPro·pri·e·tor·ship/p(r)əˈprīədərˌSHip/
noun
- 1. the state or right of owning a business or holding property: "the company was established in 1912 and is still under the proprietorship of the same family"
The meaning of PROPRIETORSHIP is the state or fact of being a proprietor : ownership. How to use proprietorship in a sentence.
PROPRIETORSHIP definition: 1. the situation of owning something: 2. a particular legal form for a small company in some…. Learn more.
PROPRIETORSHIP meaning: 1. the situation of owning something: 2. a particular legal form for a small company in some…. Learn more.
Noun. 1. proprietorship - an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits. proprietary. ownership - the relation of an owner to the thing possessed; possession with the right to transfer possession to others.
Definition of proprietorship noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Jul 4, 2024 · noun. an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits. synonyms: proprietary. see more.
PROPRIETOR definition: 1. a person who owns a particular type of business, especially a hotel, a shop, or a company that…. Learn more.
Proprietor definition: the owner of a business establishment, a hotel, etc.. See examples of PROPRIETOR used in a sentence.
The state of owning or holding the rights to something. A business model where a single individual owns and operates the entire business. How to use "proprietorship" in a sentence. After her father retired, Sarah took over the proprietorship of the family farm.
A “Person†is a natural person, a corporation, proprietorship, partnership, governmental entity, or any other legal person or entity. In the north, where the land is much subdivided, peasant proprietorship and a kind of emphyteusis (see Roman Law) are the most usual tenures.
Jun 18, 2024 · A sole proprietorship is an unincorporated business with only one owner who pays personal income tax on profits earned. Sole proprietorships are easy to establish and...
Jan 23, 2016 · The term sole proprietorship refers to a business owned and operated by one person, which is not registered as a corporation or a limited liability company. In a sole proprietorship, there is no legal distinction between the individual and the business owner.
: a person who has the legal right or exclusive title to something : owner. b. : one having an interest (such as control or present use) less than absolute and exclusive right. Synonyms. holder. owner. possessor. See all Synonyms & Antonyms in Thesaurus. Examples of proprietor in a Sentence.
Jun 8, 2023 · A sole proprietorship is a business that is owned and run by one person. Learn the definition, pros, cons, and tax implications of this type of company.
Feb 1, 2024 · A sole proprietorship is an unincorporated business with one owner. As soon as you embark on a solo side gig, freelance job, or a new business venture, you’re automatically a sole...
Word Family. proprietor proprietors. the "proprietor" family. Someone who owns a business or a property is a proprietor. A bookstore proprietor might wish she became a librarian instead so the books would come back.
Feb 9, 2024 · A sole proprietorship is a business that is owned and operated by an individual person – it’s one of the easiest and most common types of business for individuals to set up.
a person who owns and usually manages a business: He is the proprietor of one of the best hotels in Orlando.
A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by only one person and in which there is no legal distinction between the owner and the business entity.
There are two meanings listed in OED's entry for the noun proprietor. See ‘Meaning & use’ for definitions, usage, and quotation evidence.
Dec 2, 2022 · A sole proprietorship is a non-registered, unincorporated business run solely by one individual proprietor with no distinction between the business and the owner. The owner of a sole proprietorship is entitled to all profits but is also responsible for the business’s debts, losses, and liabilities.
What is a Sole Proprietorship? A sole proprietorship is an unincorporated business that one person owns and manages. As the business and the owner are not legally separate, it is the simplest form of business structure. It is also known as individual entrepreneurship, sole trader, or simply proprietorship.
Dec 31, 2021 · Definition. Sole proprietorship is a business run by an individual, unincorporated owner. Find out how this business status works, alternatives to it, and the impact it may have.
