leasehold

[ lees-hohld ]
/ ˈlisˌhoʊld /

noun

property acquired under a lease.
a tenure under a lease.

adjective

held by lease.

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Origin of leasehold

First recorded in 1710–20; lease1 + hold1
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for leasehold

British Dictionary definitions for leasehold

leasehold
/ (ˈliːsˌhəʊld) /

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