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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
Rates for double occupancy cabins range from $49,999 per person for a one-year journey to $159,999 per person for a four-year trip, according to the company's website.
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.
Three single-room occupancy hotels owned by the trio — buildings similar to those in the trust portfolio — were left nearly empty and Pustilnikov had problems with oversight and financing for other low-income properties in the neighborhood.
For more than 100 years, single-room occupancy hotels have housed thousands of people in Skid Row.
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.
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