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English Lexicon

Leasehold

/ˈliːs.hoʊld/
nounadjectiveCEFR C1 (Advanced)Top #8500 frequency
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Comprehensive Definitions & Senses

1 sense
As noun
  1. 1

    The holding of property by lease; a property held under a lease.

    "The apartment is offered on a 99-year leasehold."
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Synonyms (1)

Linguistic Origin & Historical Etymology

Derived from Middle English 'leasen' (to let or grant) combined with 'hold' (to possess or keep). The term developed in feudal and legal contexts to describe the holding of land or property by lease.

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