Occupancy
Pronunciation : Oc"cu*pan*cy
Part of Speech : n.
Etymology : [See Occupant.]
Definition : Defn: The act of taking or holding possession; possession; occupation. Title by occupancy (Law), a right of property acquired by taking the first possession of a thing, or possession of a thing which belonged to nobody, and appropriating it. Blackstone. Kent.
Source : Webster's Unabridged Dictionary, 1913