[
US
/pɹəˈpɹaɪətɝˌʃɪp/
]
NOUN
- an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
How To Use proprietorship In A Sentence
- It is not difficult to see why Gregory and his supporters denounced both lay proprietorship and clerical marriage.
- The praetors changed the system of property by allowing a person, who had a thing in bonis, the right to recover before the prescribed term of usucaption had conferred absolute proprietorship. The History of the Decline and Fall of the Roman Empire
- The Republicans in control of the House argue that repealing the Bush tax cuts would have an adverse impact on small businesses which are often single proprietorships subject to individual income tax rates. Leon Friedman: Fixing the Deficit by Getting Help From the Top 1%
- Business really is based on one of three basic organizational formats: the sole proprietorship, the partnership, and the corporation.
- For sole proprietorships and partnerships, the deadline is April 18. Why It's Worth Paying for a Tax Pro
- Thousands of modest proprietorships and partnerships - grocers, blacksmiths, fabric merchants, printers, tailors, dressmakers, milliners - sold specialized goods.
- The valley was unsurveyed for the most part, and the Indians naturally felt a sort of proprietorship in it, and when Wilson drove his cattle down into the valley and "squatted," the chief, Drifting Crane, welcomed him as a host might to an abundant feast whose hospitality was presumed upon, but who felt the need of sustaining his reputation as a host, and submitted graciously. Drifting Crane
- On his father's death in 1869 he inherited the baronetcy and the proprietorship of the Athenaeum and Notes and Queries.
- A major downside to sole proprietorships and partnerships is that they lack liability protection. Setting Up a Business Structure
- The proprietorship is exclusive in ownership. Then, what about the partnership?