Definition, Meaning & Synonyms
factory-owner
Noun
ˈfæk.tər.i ˈoʊ.nər
Definition
A factory-owner is an individual or entity that owns and manages a factory or manufacturing plant.
Examples
- As a factory-owner, she is responsible for ensuring that production quotas are met.
- The factory-owner invested in new technology to improve efficiency.
- Many factory-owners face challenges related to labor and production costs.
Meaning
The term refers to a person or organization that is responsible for the operation and profitability of a factory, where goods are produced.
Synonyms
- Manufacturer
- Plant owner
- Producer
