leasehold

American  

[lees-hohld] / ˈlisˌhoʊld /

noun

1. property acquired under a lease.

2. a tenure under a lease.

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adjective

1. held hold by lease.

leasehold British  

/ ˈliːsˌhəʊld /

noun

1. land or property held under a lease

2. the tenure by which such property is held

3. (modifier) held under a lease

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Etymology

Origin of leasehold

First recorded in 1710–20; lease ¹ + hold ¹

Example Sentences

The notice did not say whether the school would lose access to extensive athletic facilities it built on its 22-acre leasehold.

From Los Angeles Times

The government has set out more details of its planned shake-up of the leasehold system in England and Wales.

From BBC

There are around five million leasehold homes in England and Wales, where people own the right to occupy a property via lease for a limited number of years from a freeholder.

From BBC

She urged the government to "honour that commitment it made to leaseholders" to "end the feudal leasehold system".

From BBC

Meetings between residents who have been affected have taken place across Sheffield, which, as a city, has one of the highest proportions of leasehold properties in the country.

From BBC