[
US
/pɹəˈpɹaɪətɝˌʃɪp/
]
NOUN
- an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits
How To Use proprietorship In A Sentence
- Many small businesses start their businesses as sole proprietorships or partnerships.
- Instead on increasing income taxes, which might arguably affect single proprietorships and small businesses, we could impose a tax based on wealth. Leon Friedman: Fixing the Deficit by Getting Help From the Top 1%
- This is because the sole proprietorship is made up solely of assets, such as equipment, leases, receivables and customer lists.
- In the UK on the other hand sole proprietorship and partnership were the only legal forms available to audit firms until 1991.
- Aside from corporation, the most common types are proprietorship and partnership.
- Or many small businesses are what they call sole proprietorships. CNN Transcript Jul 9, 2004
- Individuals owning their own businesses must compare the expected tax liability of a proprietorship or partnership with the liability of a corporation.
- Like a sole proprietorship, it is relatively easy and inexpensive to set up.
- The gentlemanly proprietorships and relaxed chairmanships that historically supplied a large bulk of presidents have become rarities.
- Every other kind of possession, which might be named imperfect proprietorship, was called “in bonis habere.” The History of the Decline and Fall of the Roman Empire
