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proprietor (n.)

1630s, "owner, by royal grant, of an American colony," probably from proprietary (n.) in this sense. OED describes it as "Anomalously formed and substituted in 17th c. for the etymological word PROPRIETARY." In the general sense of "one who holds something as property, one who has the legal right or exclusive title" to something, it is attested from 1640s. Related: Proprietorship.

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Definitions of proprietor from WordNet

proprietor (n.)
(law) someone who owns (is legal possessor of) a business;
Synonyms: owner
From wordnet.princeton.edu