owner-operator

owner-operator definition - business

owner-operator

A person who both owns (or leases) and also operates a business or equipment. Owner-operators are a major factor in the trucking industry, in which independent truckers own or lease the trucks that they drive.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.