occupancy
Pronunciation: [ɒk.jə.pən.si]
Word
Context: "real estate"
(noun) the act of using or being in a space like a room or building. When someone is living in a place or using it for an event, they are occupying it.
Example
The hotel has a high occupancy rate during the summer because many people go on vacation.
Example
During the winter, the occupancy of the beach house is very low since no one wants to stay there.
Example
What is the current occupancy of the conference room?
Context: "housing"
(noun) the number of people or groups living in a space. It helps to know how many are in a building to ensure everyone has enough room.
Example
The apartment has a maximum occupancy of four people to keep it comfortable.
Example
If there is too much occupancy, it can become crowded and uncomfortable.
Example
What is the maximum occupancy allowed for this room?
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