Definition of occupancy noun from the Oxford Advanced Learner's Dictionary



BrE BrE//ˈɒkjəpənsi//
; NAmE NAmE//ˈɑːkjəpənsi//
[uncountable] (formal) Buying a home
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the act of living in or using a building, room, piece of land, etc. Prices are based on full occupancy of an apartment. to be in sole occupancy Hotel occupancy rates dropped dramatically when war threatened. See related entries: Buying a home
See the Oxford Advanced American Dictionary entry: occupancy

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