Definition of “owner-occupied” - English Dictionary

“owner-occupied” in British English

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owner-occupiedadjective

uk /ˌəʊ.nəˈɒk.jə.paɪd/ us /ˌoʊ.nɚˈɑː.kjə.paɪd/ UK

Owner-occupied houses or apartments have been bought by the people who live in them.

owner-occupier
noun [ C ] uk /ˌəʊ.nəˈɒk.jə.paɪ.ər/ us /ˌoʊ.nɚˈɑː.kjə.paɪ.ɚ/

(Definition of “owner-occupied” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“owner-occupied” in Business English

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owner-occupiedadjective

uk /ˌəʊnəˈɒkjʊpaɪd/ us /ˌoʊnɚˈɑːkjʊ-/ UK PROPERTY

owner-occupied houses or apartments are lived in by people who have bought them, rather than people who pay rent:

owner-occupied homes/housing The bill would eliminate tax breaks that favor owner-occupied homes over rented apartments.

(Definition of “owner-occupied” from the Cambridge Business English Dictionary © Cambridge University Press)