Definition of occupancy noun from the Oxford Advanced American Dictionary

  

occupancy

 noun
noun
NAmE//ˈɑkyəpənsi//
 
[uncountable](formal)
 
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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 with the threat of war.
See the Oxford Advanced Learner's Dictionary entry: occupancy

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