sole proprietor

noun

Meaning

An individual who owns and operates a business alone, without a legal separation between the owner and the company.

Examples

Many freelancers begin their careers as a sole proprietor to minimize startup costs and administrative complexity.
As a sole proprietor, you are personally liable for all debts incurred by your business.

Synonyms: freelancer, self-employed, independent contractor, entrepreneur

Learn English that separates you from the crowd with Anaversity: private classes, Ani practice, Campus tools, and a public English-learning community.

sole proprietor

noun

Pronunciation: /soʊl prəˈpraɪətər/

Definition

An individual who owns and operates a business alone, without a legal separation between the owner and the company.

Examples

Many freelancers begin their careers as a sole proprietor to minimize startup costs and administrative complexity.
As a sole proprietor, you are personally liable for all debts incurred by your business.
The local bakery is run by a sole proprietor who manages every aspect of the shop personally.

Synonyms of sole proprietor

Words with a similar meaning to sole proprietor:

Browse the full Anaversity dictionary