Entry from British & World English dictionary
Definition of undertenant in English:
- They are concerned about the loss made by the proposed undertenant and the low value of the net worth of the proposed undertenant and the proposed guarantor.
- The subtenant may also grant a further lease of the same premises (an underlease) to an undertenant, as long as the underlease is for a shorter period than the sublease.
- It also ordered both the tenant and the undertenant to pay damages based on the lost premium.
Pronunciation: /ˈʌndəˌtɛnənsi/noun (plural undertenancies)
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