leasehold

[lees-hohld]

noun

property acquired under a lease.

a tenure under a lease.

adjective

held by lease.

Origin of leasehold

First recorded in 1710–20; lease¹ + hold¹

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for leasehold

Historical Examples of leasehold

Somebody was talking about Leasehold Franchise the other day.
Punch, or the London Charivari, Vol. 104, March 11, 1893
Various
He once offered the reversion in fee of an Irish leasehold for a goshawk.
Sir Walter Ralegh
William Stebbing
The land on which the Garden stood was a leasehold on the Church Farm.
Nooks and Corners of Old New York
Charles Hemstreet
Like the leasehold tenure, it was opposed to the "spirit of the institutions."
The Chainbearer
J. Fenimore Cooper
I suppose you call the leasehold system one of our great institutions?
The Squire's Daughter
Silas K(itto) Hocking

British Dictionary definitions for leasehold

leasehold

noun

land or property held under a lease

the tenure by which such property is held

(modifier) held under a lease

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