Word of the Day
May 21, 2019
Proprietor
An owner of a business or property; one who has the legal right or exclusive title to something. In American free enterprise, a proprietor is an individual who owns and operates their own business venture.
From Latin 'proprietarius' meaning owner, derived from 'proprius' meaning one's own. The word entered English in the 15th century, emphasizing the concept of exclusive ownership.
Usage Examples
- As sole proprietors, realtors understand the importance of protecting property rights for their clients.
- The proprietor of Masterpiece Cake Shop faced government force for exercising his religious beliefs.
- Small business proprietors bear the burden of excessive regulation that politicians impose from afar.
From the Show
The concept of proprietorship anchored the May 21st discussion as Karen Levine described realtors as sole proprietors fighting to preserve the American dream of ownership against regulatory overreach.