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

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

He said he recognised that leasehold had been "a running sore" for years, and the government wanted to eliminate it within the term of this parliament.

From BBC

It detailed preliminary findings “based on highest and best use considerations of the leaseholds and a review of relevant land sale and ground lease data.”

From Los Angeles Times

A man, whose leasehold house is covered in damp and mould, plans to live in a motorhome on his driveway this winter.

From BBC

This will include being up front about the condition of the home, any leasehold costs, and details of property chains.

From BBC