LEASEHOLD


Meaning of LEASEHOLD in English

transcription, транскрипция: [ li:shoʊld ]

1.

If a building or land is described as leasehold , it is allowed to be used in return for payment according to the terms of a lease. ( mainly BRIT )

I went into a leasehold property at four hundred and fifty pounds rent per year.

ADJ

2.

If you have the leasehold of a building or piece of land, you have the legal right to use it for a period of time as arranged according to a lease. ( mainly BRIT )

N-COUNT

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.