In 2005, the Base Realignment and Closure. Commission (BRAC) mandated consolidation of these. 2 institutions into a new Walter Reed National Military. Medical Center that would be constructed onthe grounds. of the National Naval Medical Center in Bethesda, Maryland.' This new medical facility is intended to pro-.
proprietary companynoun [ C ] uk â us â. âº a company that owns enough shares of another company to control it: Mutuals delivered better returns than proprietary companies. âº LAW in Australia, New Zealand, and South Africa, a type of limited company (= one whose owners only have to pay part of the money they owe if it fails).
If you own something, especially something of value, then you have proprietary rights. The word is most often used in relation to new inventions or patents. Proprietary refers to property: things that are owned by individuals or businesses. People talk about proprietary drugs, proprietary software, and other things that can only be made and sold by those who discovered or created them. A proprietary claim is usually protected by trademark or copyright.