Vacancy
/ˈveɪkənsi/
Definitions
- (n.) The state of being unoccupied or unfilled, especially a position, office, or property.
The company announced a vacancy for the position of general counsel.
- (n.) In real estate law, an unoccupied dwelling or property available for lease or sale.
The landlord sought to fill the vacancy in the apartment complex quickly.
- (n.) In constitutional or corporate law, the absence or cessation of an officeholder's position, enabling succession.
The vacancy in the board of directors must be filled within 30 days.
Forms
- vacancy
- vacancies
Related terms
See also
Commentary
Vacancy often concerns both literal unoccupied spaces and legal offices; clarity depends on context—property law versus corporate or constitutional law.
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.