long lease

British

noun

(in England and Wales) a lease, originally for a period of over 21 years, on a whole house of low rent and ratable value, which is the occupants' only or main residence. The leaseholder is entitled to buy the freehold, claim an extension of 50 years, or become a statutory tenant

"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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He criticised the former prime minister for granting the UK a long lease over Diego Garcia - he said it was 200 years, though the publicised timeframe was an initial period of 99 years.

From BBC • Nov. 26, 2024

The biggest difference is the time frame: Rather than being tied to a years’ long lease, subscriptions give you the ability to “own” a car on a month-to-month basis.

From Slate • Dec. 2, 2017

He can make such flat rejections because, even though he doesn’t own his building, he holds an extremely long lease.

From Washington Times • Mar. 12, 2017

This is Prior's fourth incarnation as England's one-day wicketkeeper-batsman and this time, like his mentor Alec Stewart, he intends to take out a long lease on the role.

From The Guardian • Jan. 20, 2011

His father had bought the Lawford Chase estate as a great bargain, many years before, and had been content to let it on a long lease.

From Love and hatred by Lowndes, Marie Belloc

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023