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leasehold

Line breaks: lease|hold
Pronunciation: /ˈliːshəʊld
 
/

Definition of leasehold in English:

noun

[mass noun] chiefly British
1The holding of property by lease: a form of leasehold [as modifier]: leasehold premises Often contrasted with freehold.
More example sentences
  • There are other traditional leasehold structures including terminating leases of 50-100 years.
  • For instance, a 10-year leasehold interest may not be like-kind with an 18-year leasehold interest.
  • With a well-written lease and a properly managed building, a leasehold flat should provide a perfectly good home for occupants and a secure investment.
1.1 [count noun] A property held by lease: it is still a leasehold
More example sentences
  • Timeshares and leaseholds are available in fully furnished 15th century buildings of various sizes.
  • Do the people who buy leaseholds even know they will have big problems when their leasehold expires?
  • In declining real estate value environment, long-term leaseholds could become an liabilities instead of assets.

Origin

early 18th century: from lease, on the pattern of freehold.

Derivatives

leaseholder

1
noun
Example sentences
  • The cost of maintaining these areas is recharged to the leaseholder as part of the annual service charge.
  • This handbook is for leaseholders whose flat is in a building owned and managed by Lewes District Council.
  • In this booklet ` tenant’ is used to describe both long leaseholders and other tenants.

Words that rhyme with leasehold

freeholdcopyhold

Definition of leasehold in:

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