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Proprietor

Proprietor refers to the owner of a business, property, or other asset who holds legal title and exercises control over its operation or use. In everyday language, a proprietor is the person who runs a private enterprise and receives its profits while bearing its risks. The term is common in British English and widely understood in American English, typically for small, independently owned shops, inns, restaurants, or similar enterprises.

In business law, a sole proprietor is someone who owns and operates a business as an individual,

In property law, the proprietor is the legal holder of title to land or buildings. Proprietary rights

Etymology and usage: proprietary derives from Old French proprietaire, from Latin proprius meaning “one’s own.” The

with
no
separate
legal
entity
between
owner
and
business.
This
form,
known
as
a
sole
proprietorship,
generally
involves
unlimited
personal
liability
for
business
debts.
The
proprietor
may
hire
employees
and
enter
into
contracts,
but
personal
assets
can
be
at
risk
for
obligations
arising
from
the
business.
include
the
ability
to
dispose
of
or
encumber
the
asset,
subject
to
applicable
laws,
leases,
liens,
and
other
encumbrances.
The
term
emphasizes
ownership
and
control
over
the
asset
rather
than
mere
occupancy
or
tenancy.
feminine
form
proprietress
has
historical
usage
but
is
uncommon
today;
proprietor
is
generally
treated
as
gender-neutral
in
modern
English.
Related
terms
include
owner,
holder,
and
titleholder.