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assured tenancy

British  

noun

  1. an agreement between a government-approved body such as a housing association and a tenant for occupation of a newly-built house or flat at an agreed market rent, under which the tenant has security of tenure Compare regulated tenancy

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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For example, the CMA heard some tenants were given a "licence to occupy" a room, when an assured tenancy was more suitable.

From BBC Aug. 25, 2023

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