leasehold

🇺🇸 /ˈliːshəʊld/ 🇬🇧 /ˈliːshəʊld/
Frequency
Difficulty
Tags RARE
adverb
R

for a limited time, as stated in a lease

They live in their home on a leasehold basis.

adjective
R

lasting only for the period of a lease

This is a leasehold property with a 99-year lease.

noun
R

the right to use property for a set period

The couple decided to buy the leasehold of their apartment.

translation

adv. for a limited time, as stated in a lease
adj. lasting only for the period of a lease
n. the right to use property for a set period

Word Forms

Plural leaseholds