One of the owners of an unincorporated business, a partner. People would think you a little pretentious if you referred to someone as "the proprietor" in a normal conversation. The proprietor, tenant or occupier who permits a place to be used for an infringing performance shall be deemed an infringer. Why Do “Left” And “Right” Mean Liberal And Conservative? This is a question that has been asked many times by many, and for this reason I felt I should answer it in this article. © My Digital Gobo 2020. A "proprietor" owns and runs a business called a "proprietorship." Therefore, the owner is responsible for repaying her company's debts and obligations regardless of the success or failure of the business. An LLC offers owners limited liability protection similar to a corporation structure. Proprietor definition, the owner of a business establishment, a hotel, etc. In recent years, Loeb, founder and proprietor of Third Point has gone and acquired stakes in companies like Yahoo! "From 10 September 1621 till 12 June 1632, Sir William Alexander, styled Earl of Stirling and Viscount of Canada, was proprietor of the Scottish colony Nova Scotia. They do have different titles, however. We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading. Describe 2020 In Just One Word? In other words, the business owner is the tenant of the premises owner. The usage of the word ‘proprietress’ is becoming old-fashioned. A sole owner and proprietor is liable for all obligations of her company. (law) someone who owns (is legal possessor of) a business; "he is the owner of a chain of restaurants", "they are searching for the owner of the car", "who is the owner of that friendly smile?". As nouns the difference between proprietor and founder is that proprietor is an owner while founder is one who founds, establishes, and erects; one who lays a foundation; an author; one from whom something originates; one who endows or founder can be the iron worker in charge of the blast furnace and the smelting operation. A sole owner of an unincorporated business, also called a sole proprietor. Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012. the owner of a business establishment, a hotel, etc. Go to Appearance » Widgets tab to overwrite this section. This is the … All rights reserved. This is called “Bottom 2”, Go to Appearance » Widgets tab to overwrite this section. A draw is a direct payment to a sole proprietor from the business. We don't have any banner, Flash, animation, obnoxious sound, or popup ad. ", the owner of a business, or a holder of property, "by 1640 he was himself the proprietor of a three-hundred-acre tract". The main difference between Owner and Proprietor is that the Owner is a legal term and Proprietor is a one who owns something. Therefore, the owner is responsible for repaying her company's debts and obligations regardless of the success or failure of the business. But, in conversation, you would be more likely to say "owner," at least here in the States.
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