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occupancy
[ ok-yuh-puhn-see ]
noun
- the act, state, or condition of being or becoming a tenant or of living in or taking up quarters or space in or on something:
Continued occupancy of the office depends on a rent reduction.
Synonyms: possession, occupation, tenancy
- the possession or tenancy of a property:
You can have occupancy on June 1st.
- the act of taking possession, as of a property.
- the term during which one is an occupant.
- the condition of being occupied:
Occupancy of the auditorium is limited to 1200 people.
- the use to which property is put.
- exercise of dominion over property that has no owner so as to become the legal owner.
occupancy
/ ˈɒkjʊpənsɪ /
noun
- the act of occupying; possession of a property
- law the possession and use of property by or without agreement and without any claim to ownership
- law the act of taking possession of unowned property, esp land, with the intent of thus acquiring ownership
- the condition or fact of being an occupant, esp a tenant
- the period of time during which one is an occupant, esp of property
Other Words From
- un·occu·pan·cy noun
Word History and Origins
Origin of occupancy1
Example Sentences
Following years of revolving leadership and a broken financial model for operating single-room occupancy hotels, the trust announced its impending failure in early 2023.
That, he says, results in boosted hotel occupancy, ticket sales at area theme parks like Universal Studios and tours of Dodger Stadium, which has, in turn, increased the number of Japanese language tours it runs.
The city built a village of 20 tiny homes, leased five rooms in a single room occupancy hotel, formed relationships with the home sharing nonprofit SHARE!
There was hazardous plumbing and a lack of “hot/cold running water,” missing or disabled carbon monoxide alarms, unpermitted work and “unapproved occupancy” since the building had 33 bedrooms, 16 more than was was permitted.
“If our businesses make money because of increased tourism, if our hotels make money, we get indirect benefits through sales tax and transit occupancy tax,” he said.
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