occupancy

noun | \ ˈä-kyə-pən-sē \ | oc·cu·pan·cy

1. : the fact or condition of holding, possessing, or residing in or on something occupancy of the premises

2. : the act or fact of taking or having possession (as of abandoned property) to acquire ownership

3. : the fact or condition of being occupied occupancy by more than 400 persons is unlawful

4. : the use to which a property is put designed for industrial occupancy