Proprietorship Certificate (Noun)
Meaning
A certificate showing who is responsible in an individually owned business.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The proprietorship certificate was issued to John Smith, confirming him as the sole owner of the company.
- She had to present her proprietorship certificate to the bank before they would approve her business loan.
- The proprietorship certificate was displayed prominently in the store, showing the owner's name and business registration details.
- To register for taxes, he needed to obtain a proprietorship certificate from the state government.
- The proprietorship certificate was required by the supplier before they would extend credit to the business.