Occupancy Rate

Business, Legal & Accounting Glossary

Definition: Occupancy Rate


Occupancy Rate


Full Definition of Occupancy Rate


The ratio of rented space relative to the amount of space available for rent. An apartment building with 8 out of 10 apartments rented has an occupancy rate of 80 percent.


Cite Term


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Page URL
https://payrollheaven.com/define/occupancy-rate/
Modern Language Association (MLA):
Occupancy Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/occupancy-rate/.
Chicago Manual of Style (CMS):
Occupancy Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/occupancy-rate/ (accessed: April 19, 2024).
American Psychological Association (APA):
Occupancy Rate. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/occupancy-rate/

Definition Sources


Definitions for Occupancy Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.