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Proprietorship

prəˈprʌɪətəʃɪp

Proprietorship definitions
noun
proprietorship proprietorships
  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"

    • a business or property, etc., owned by a proprietor

      "plenty of new firms, especially sole proprietorships, don't make money in their first few years of operation"