freehold

freehold
freehold free‧hold [ˈfriːhəʊld ǁ -hoʊld] noun [countable, uncountable]
PROPERTY LAW complete ownership of a building or land for an unlimited time:

• Residential leaseholders living in blocks of flats have the right to acquire the freehold of their block at the market rate.

• He was forced to sell the freehold of his estate.

• The cost of freehold land is so high that only a wealthy man who farms intensively can hope to make a living on his own farm.

• The increase in fixed assets reflects two major freehold property purchases.

* * *

Ⅰ.
freehold UK US /ˈfriːhəʊld/ US  /-hoʊld/ noun [C] mainly UK PROPERTY, LAW
► the right to own a building or piece of land without time limit: freehold of/on sth »

Trustees accepted an offer of £30 million for the freehold of the business.

 buy/sell/own the freehold »

Instead of selling the freehold, the Commissioners are selling a 200-year lease.

► (also mainly UK freehold estate) a building or piece of land that is owned by someone without time limit: »

Their stores do add a bit of solidity to their balance sheet as they are all freeholds.

→ Compare LEASEHOLD(Cf. ↑leasehold)
→ See also FEE SIMPLE(Cf. ↑fee simple), LIFE ESTATE(Cf. ↑life estate)
Ⅱ.
freehold UK US /ˈfriːhəʊld/ US  /-hoʊld/ adjective
► freehold property is owned by someone without time limit: »

Almost all of its properties are freehold, giving the group a net asset value per share of about 345p.

 »

freehold buildings/land/possession


Financial and business terms. 2012.

Look at other dictionaries:

  • freehold — free·hold / frē ˌhōld/ n [translation of Anglo French frank tenement freehold estate]: a tenure of real property the duration of which cannot be determined and by which an estate in fee simple or fee tail or for life is held; also: an estate held …   Law dictionary

  • Freehold — may refer to:*Fee simple: interest in real property, as opposed to leasehold *Freehold (Scots law): a term similar to fee simple , but not identical in meaning. *customary freehold, privileged copyhold or copyhold of frank tenure. ;Places *places …   Wikipedia

  • Freehold — Freehold, NJ U.S. borough in New Jersey Population (2000): 10976 Housing Units (2000): 3821 Land area (2000): 1.995230 sq. miles (5.167623 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 1.995230 sq. miles… …   StarDict's U.S. Gazetteer Places

  • Freehold, NJ — U.S. borough in New Jersey Population (2000): 10976 Housing Units (2000): 3821 Land area (2000): 1.995230 sq. miles (5.167623 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 1.995230 sq. miles (5.167623 sq. km)… …   StarDict's U.S. Gazetteer Places

  • Freehold — Free hold , n. (Lw) An estate in real property, of inheritance (in fee simple or fee tail) or for life; or the tenure by which such estate is held. Kent. Burrill. [1913 Webster] {To abate into a freehold}. See under {Abate}. [1913 Webster] …   The Collaborative International Dictionary of English

  • freehold — [frē′hōld΄] n. [ME fre holde, after Anglo Fr franc tenement] 1. an estate in land held for life or with the right to pass it on through inheritance: distinguished from LEASEHOLD 2. the holding of an estate, office, etc., in this way adj. of or… …   English World dictionary

  • Freehold — (spr. Friehold), 1) Städtischer Bezirk mit Postamt (Post township) in der Grafschaft Monmouth des Staates New Jersey; 2800 Ew.; 2) Postort darin u. Hauptort der Grafschaft; 6 Kirchen, Bank, Akademie, 3 Zeitungen; Zweigbahn zum Anschluß an die… …   Pierer's Universal-Lexikon

  • Freehold — (spr. frihohld), in England ein freies Lehn; davon Freeholders, die wahlberechtigten brit. Grundbesitzer …   Kleines Konversations-Lexikon

  • freehold — early 15c. (implied in freeholder), translating Anglo Fr. fraunc tenement; see FREE (Cf. free) (adj.) + HOLD (Cf. hold) …   Etymology dictionary

  • freehold — ► NOUN 1) permanent and absolute tenure of land or property with freedom to dispose of it at will. 2) chiefly Brit. a piece of land or property held by such tenure. DERIVATIVES freeholder noun …   English terms dictionary

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