proprietorship – מילון אנגלי-אנגלי
proprietorship
n.
ownership, possession
Sole proprietorship
A
sole proprietorship, also known as the
sole trader or simply a
proprietorship, is a type of
business entity that is owned and run by one natural person and in which there is no legal distinction between the owner and the business. The owner is in direct control of all elements and is legally accountable for the finances of such business and this may include debts, loans, loss etc.
proprietorship
Noun
1. an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
(synonym) proprietary
(hypernym) ownership
Proprietorship
(n.)
The state of being proprietor; ownership.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Proprietorship
An unincorporated business that is owned and operated by only one person, who has complete
liability for all
assets, and complete rights to all
profits.
