Proprietorships
/prəˌpraɪəˈtɔːrʃɪps/
Definitions
- (n.) Plural of proprietorship, referring to business entities owned and operated by a single individual.
Many small businesses start as proprietorships due to their simplicity.
Related terms
See also
Commentary
As a plural noun, 'proprietorships' denotes multiple sole proprietorship entities; see 'proprietorship' for detailed definition.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.