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proprietorship certificate

proprietorship certificate

8.2
An official paper that shows who owns and is responsible for a business owned by one person
  • noun
  • Formal
translation icon : certificado de propiedad
  • To register a small business, a proprietorship certificate must be submitted to the authorities.

Examples

  • The bank required a proprietorship certificate before approving the loan application.

  • The proprietorship certificate is essential for business loans.

  • She displayed her proprietorship certificate on the wall of her new bakery.

  • She submitted her proprietorship certificate to the bank.

  • The bank required a proprietorship certificate before approving the loan application.

  • To register a small business, a proprietorship certificate must be submitted to the authorities.

  • She displayed her proprietorship certificate on the wall of her new bakery.

Synonyms

certificate
vsproprietorship certificate
  • Specialized
41 4.2

A financial paper giving the owner the right to interest or dividends

states who owns the business and confirms legal responsibility

Surface Forms

Morphology

proprietorship + certificate

The meaning is directly derivable from the constituents: 'proprietorship' (a business run by one person) and 'certificate' (an official document). The noun-noun compound pattern 'X certificate' commonly denotes an official document relating to X, a compositional and cross-linguistically familiar pattern, so a B1 learner who knows both words should understand it.

Etymology

Proprietorship certificate comes from the image of a shop owner holding an official paper. The word proprietorship means being the owner and certificate means a paper of 'proof', so the phrase means an official document that names the 'owner' and shows who is 'responsible' for the business.