RESIDENCE meaning: 1. 1. The place in which one lives; a dwelling. 2.The act or a period of residing in a place. 3. The meaning of RESIDENCY is a usually official place of residence. How to use residency in a sentence. To make or become fuller, thicker, or rounder 2. " Residency from" means the place(s) you have lived from one date to another date. The property owner may be entitled to a homestead exemption if he or she owns a single-family residence and occupies it as their primary residence. This habit is about identifying where we want to go and who we want to be.