occupancy
oc·cu·pan·cy
noun \ˈä-kyə-pən(t)-sē\ plural oc·cu·pan·cies
Definition of OCCUPANCY
1
: the fact or condition of holding, possessing, or residing in or on something <occupancy of the estate>
2
: the act or fact of taking or having possession (as of unowned land) to acquire ownership
3
: the fact or condition of being occupied <occupancy by more than 400 persons is unlawful>
4
: the use to which a property is put <industrial occupancy>
5
: a building or part of a building intended to be occupied (as by a tenant)
Examples of OCCUPANCY
- The sign above the auditorium door says, “Maximum occupancy: 500 persons.”
- <the landlord notified us of the need to cease occupancy in three months, when our apartment building would be sold>
First Known Use of OCCUPANCY
1596
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