occupancy

/ˈɑkjəpənsi/
noun
  1. The act of living in or using a building, room, or other space.
    • The building has been vacant for years, with no occupancy since the factory closed.
    • The hotel's occupancy rate is highest during the summer months.
    • The new tenants took occupancy of the apartment on the first of the month.
  2. The number of people or things that can be or are in a space at one time.
    • The restaurant's maximum occupancy is 150 people.
    • The stadium's occupancy for the concert was nearly 50,000 fans.
    • The elevator has a sign showing a maximum occupancy of eight persons.
  3. The period during which someone lives in or uses a place.
    • The family's occupancy of the house lasted for over thirty years.
    • During the army's occupancy of the fort, they made many repairs.
    • The lease allows for a one-year occupancy with an option to renew.
Antonyms
What does "occupancy" mean? | whatsthatwordmean | whatsthatwordmean