Proprietary (Noun)
Meaning
An unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The entrepreneur chose to register her software as proprietary to prevent others from copying or using it without permission.
- The inventor offered a proprietary solution to a common problem in the industry, earning her a significant profit from licensing agreements.
- As a sole proprietor, Sarah had a proprietary interest in her fashion design business and could make decisions without needing anyone's input.
- The chef made sure her culinary creations were considered proprietary to maintain an exclusive reputation for her restaurants.
- The music producer had a proprietary recording method that allowed him to work more efficiently, contributing to the success of numerous albums.