occupancy
noun
oc·cu·pan·cy
ˈä-kyə-pən(t)-sē 
plural occupancies
1
: the fact or condition of holding, possessing, or residing in or on something
occupancy of the estate
2
: the act or fact of taking or having possession (as of unowned land) to acquire ownership
3
: the fact or condition of being occupied
occupancy by more than 400 persons is unlawful
4
: the use to which a property is put
industrial occupancy
5
: a building or part of a building intended to be occupied (as by a tenant)
Examples of occupancy in a Sentence
The sign above the auditorium door says, “Maximum occupancy: 500 persons.”
the landlord notified us of the need to cease occupancy in three months, when our apartment building would be sold
Recent Examples on the Web
This supply-demand dynamic has driven occupancy, rent growth and tenant retention in retail shopping centers.
—
Mike Hazinski, Forbes, 17 Dec. 2024
With low occupancy rates, the property was put on the market two years later, kicking off a series of sales that would continue until California investor Juzi Cui (also known as Jizi Cui) bought the site for $2.5 million in 2017.
—Andrew King, Axios, 17 Dec. 2024
Following a third-quarter report listing gains in funds from operations, occupancy and rents, Simon touted a 6.4 percent year-over-year increase in portfolio traffic on Black Friday weekend, with a 7.1 percent gain at Simon’s malls.
—David Moin, WWD, 17 Dec. 2024
Families who are living in single-room occupancy hotels or with a roommate in an apartment will reportedly no longer be eligible for family shelter.
—Ray Lewis, Baltimore Sun, 30 Nov. 2024
See all Example Sentences for occupancy 
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Mike Hazinski, Forbes, 17 Dec. 2024
With low occupancy rates, the property was put on the market two years later, kicking off a series of sales that would continue until California investor Juzi Cui (also known as Jizi Cui) bought the site for $2.5 million in 2017.
—Andrew King, Axios, 17 Dec. 2024
Following a third-quarter report listing gains in funds from operations, occupancy and rents, Simon touted a 6.4 percent year-over-year increase in portfolio traffic on Black Friday weekend, with a 7.1 percent gain at Simon’s malls.
—David Moin, WWD, 17 Dec. 2024
Families who are living in single-room occupancy hotels or with a roommate in an apartment will reportedly no longer be eligible for family shelter.
—Ray Lewis, Baltimore Sun, 30 Nov. 2024
See all Example Sentences for occupancy
Dictionary Entries Near occupancy
Cite this Entry
“Occupancy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/occupancy. Accessed 25 Dec. 2024.
Copy CitationKids Definition
occupancy
noun
oc·cu·pan·cy
ˈäk-yə-pən-sē
plural occupancies
1
: the act or condition of occupying or taking possession
takes occupancy on the first of the month
2
: the state of being occupied
an occupancy limit of 5 persons
Legal Definition
occupancy
noun
oc·cu·pan·cy
ˈä-kyə-pən-sē
plural occupancies
1
: the fact or condition of holding, possessing, or residing in or on something
occupancy of the premises
2
: the act or fact of taking or having possession (as of abandoned property) to acquire ownership
3
: the fact or condition of being occupied
occupancy by more than 400 persons is unlawful
4
: the use to which a property is put
designed for industrial occupancy
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