proprietorship

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 unincorporated, owned and controlled exclusively by one person. Such a business is commonly designated a "sole proprietorship" (q.v.)

Black's law dictionary. . 1990.

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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 — the value of the proprietor s assets in a business less any external liabilities. Glossary of Business Terms Name used to identify a business that is not a separate legal entity but instead is operated by an individual. American Banker Glossary… …   Financial and business terms

  • proprietorship register — ➔ register1 * * * proprietorship register UK US noun [S] PROPERTY ► in Britain, an official list that shows details about the owners of land or buildings, kept by the land registry: »The proprietorship register contains the name and addresses of… …   Financial and business terms

  • 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

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