occupancy
UK: ˈɒkjəpənsi | US: ˈɑːkjəpənsi
n. the act or state of occupying or residing in a place
n. the proportion of space or seats filled (e.g., in a hotel or theater)
n. (Law) the condition of holding possession of property
The word traces back to Latin occupare, reflecting the idea of "seizing" physical or legal control. Over time, occupancy narrowed in English to specifically denote the state of inhabiting or utilizing space, with legal and commercial nuances emerging later. The suffix -ancy systematizes the abstract noun form, aligning with similar Latinate terms.
The hotel reported 90% occupancy during the holiday season.
Occupancy of the building requires a signed lease agreement.
The theater’s occupancy limit is strictly enforced for safety.
Squatters claimed occupancy of the abandoned warehouse.
High occupancy rates indicate strong demand for rental properties.