leasehold

leasehold
An asset providing the right to use property under a lease agreement. Bloomberg Financial Dictionary

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leasehold lease‧hold [ˈliːshəʊld ǁ -hoʊld] adjective LAW PROPERTY
leasehold land, buildings etc can be used by someone for as long as is stated in a lease:

• Due to internal reorganization, the company has recently vacated one of its leasehold buildings.

— leasehold noun [countable, uncountable] :

• The profits also reflect the $2 million gain on the sale of a leasehold.

— compare freehold

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Ⅰ.
leasehold UK US /ˈliːshəʊld/ US  /-hoʊld/ noun [C or U] LAW, PROPERTY
the right to live in or use a building, piece of land, etc. for a particular period of time as agreed in a lease: »

He has bought the long leasehold on a 100,000 square foot listed building.

buy/hold/sell the leasehold »

The company sold the leasehold of the site for £340,000 last month.

Compare FREEHOLD(Cf. ↑freehold) noun
Ⅱ.
leasehold UK US /ˈliːshəʊld/ adjective LAW, PROPERTY
leasehold property is used for a particular period of time as agreed in a lease: »

Most retirement properties are leasehold.

»

a leasehold agreement/flat

leasehold adverb
»

Most of the properties are sold leasehold.


Financial and business terms. 2012.

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Look at other dictionaries:

  • leasehold — lease·hold / lēs ˌhōld/ n: a tenure of real property held by a lessee under a lease: a lessee s estate in the property; also: the property so held compare fee, freehold Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Leasehold — is a form of property tenure where one party buys the right to occupy land or a building for a given length of time. As lease is a legal estate, leasehold estate can be bought and sold on the open market and differs from a tenancy where a… …   Wikipedia

  • Leasehold — Lease hold , a. Held by lease. [1913 Webster] …   The Collaborative International Dictionary of English

  • Leasehold — Lease hold , n. A tenure by lease; specifically, land held as personalty under a lease for years. [1913 Webster] …   The Collaborative International Dictionary of English

  • leasehold — ► NOUN 1) the holding of property by lease. 2) a piece of land or property held by lease. DERIVATIVES leaseholder noun …   English terms dictionary

  • leasehold — [lēs′hōld΄] n. 1. the act or condition of holding by lease 2. lands, buildings, etc. held by lease adj. held by lease leaseholder n …   English World dictionary

  • leasehold — [[t]li͟ːshoʊld[/t]] leaseholds 1) ADJ 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… …   English dictionary

  • leasehold — adjective especially BrE leasehold property is owned only for as long as is stated in a lease compare freehold leasehold adverb: Buying leasehold is cheaper …   Longman dictionary of contemporary English

  • leasehold — UK [ˈliːsˌhəʊld] / US [ˈlɪsˌhoʊld] noun Word forms leasehold : singular leasehold plural leaseholds 1) a) [countable] a house or flat that you lease b) [uncountable] the use of property by leasing it 2) [usually before noun] owned or used for a… …   English dictionary

  • leasehold — lease|hold [ˈli:shəuld US hould] adj especially BrE leasehold property is property that you will own only for the period of time stated in a lease →↑freehold >leasehold adv …   Dictionary of contemporary English

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