What does proprietorship mean?
Definitions for proprietorship
pro·pri·etor·ship
This dictionary definitions page includes all the possible meanings, example usage and translations of the word proprietorship.
Princeton's WordNet
proprietorship, proprietarynoun
an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
Wiktionary
proprietorshipnoun
The state of being a proprietor; ownership
Wikipedia
proprietorship
A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work alone and may employ other people.The sole trader receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor, and all debts of the business are that of the proprietor; the business is not a separate legal entity. The arrangement is a "sole" proprietorship in contrast with a partnership, which has at least two owners. Sole proprietors may use a trade name or business name other than their or its legal name. They may have to trademark their business name legally if it differs from their own legal name, with the process varying depending upon country of residence.
ChatGPT
proprietorship
A proprietorship, also known as a sole proprietorship, is a type of business structure where a single individual owns and runs the business. All profits, losses, assets, and liabilities of the business are directly tied to the owner. This individual also takes on all the risks, has total decision-making power, and is legally responsible for all debts and legal actions associated with the business.
Webster Dictionary
Proprietorshipnoun
the state of being proprietor; ownership
Numerology
Chaldean Numerology
The numerical value of proprietorship in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of proprietorship in Pythagorean Numerology is: 4
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Translations for proprietorship
From our Multilingual Translation Dictionary
- BesitzGerman
- milikIndonesian
- äganderättSwedish
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"proprietorship." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/proprietorship>.
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