proprietorship certificate
- noun
- Formal
- To register a small business, a proprietorship certificate must be submitted to the authorities.
Examples
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The bank required a proprietorship certificate before approving the loan application.
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The proprietorship certificate is essential for business loans.
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She displayed her proprietorship certificate on the wall of her new bakery.
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She submitted her proprietorship certificate to the bank.
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The bank required a proprietorship certificate before approving the loan application.
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To register a small business, a proprietorship certificate must be submitted to the authorities.
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She displayed her proprietorship certificate on the wall of her new bakery.
Synonyms
A financial paper giving the owner the right to interest or dividends
Surface Forms
Morphology
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.