proprietorship

the value of the proprietor's assets in a business less any external liabilities. Glossary of Business Terms
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Name used to identify a business that is not a separate legal entity but instead is operated by an individual. American Banker Glossary
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An unincorporated business that is owned and operated by only one person who has complete liability for all assets, and complete rights to all profits. Bloomberg Financial Dictionary

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proprietorship UK US /prəˈpraɪətəʃɪp/ noun [U]
the situation of owning something: proprietorship over sth »

Zimbabwe granted proprietorship over wildlife to landowners.

LAW a particular legal form for a small company in some countries: »

The legal formats available: proprietorship, partnership, or limited liability company, are outdated.

See also SOLE PROPRIETORSHIP(Cf. ↑sole proprietorship)

Financial and business terms. 2012.

Look at other dictionaries:

  • proprietorship — pro·pri·e·tor·ship n 1: the fact or state of being a proprietor 2: a business entity consisting of a single owner: sole proprietorship compare corporation, partnership …   Law dictionary

  • Proprietorship — Pro*pri e*tor*ship, n. The state of being proprietor; ownership. [1913 Webster] …   The Collaborative International Dictionary of English

  • proprietorship — A business which is owned by a person who has either the legal right and exclusive title, or dominion, or the ownership of that business. Shermco Industries, Inc. v. Secretary of U.S. Air Force, D.C.Tex., 452 F.Supp. 306, 314. A business, usually …   Black's law dictionary

  • proprietorship — noun see proprietor …   New Collegiate Dictionary

  • proprietorship — See proprietorial. * * * …   Universalium

  • proprietorship — noun The state of being a proprietor; ownership …   Wiktionary

  • proprietorship — (Roget s Thesaurus II) noun The fact of possessing or the legal right to possess something: dominion, ownership, possession, title. See OWNED …   English dictionary for students

  • proprietorship — pro pri·e·tor·ship || prÉ™ praɪətÉ™(r)ʃɪp n. ownership, possession …   English contemporary dictionary

  • proprietorship — pro·pri·e·tor·ship …   English syllables

  • proprietorship — noun an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits (Freq. 10) • Syn: ↑proprietary • Derivationally related forms: ↑proprietor • Hypernyms: ↑ownership …   Useful english dictionary

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