[noun] [C or U], [adjective], [adverb] [not gradable] - (esp. of buildings or land) owned and lived in or used by legal agreement and for payment, only for an agreed period of timeHis family held the leasehold/had the property on leasehold. [C or U]leasehold offices and shopsShe bought the apartment leasehold.Compare freehold.
LEASEHOLD
Meaning of LEASEHOLD in English
Cambridge English vocab. Кембриджский английский словарь. 2012