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Occupancy

usgb/ˈɑːkjəpənsi/Volume
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Business ContextPlay
Often used in business, particularly in hotels or real estate to discuss space usage. SlideThe occupancy levels will determine our quarterly profits.
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Not Just PhysicalPlay
Occupancy doesn't only refer to physical presence; it's also about legal or official usage rights. SlideThough vacant, the old mansion still has legal occupancy.