leasehold

Definition of "leasehold"
  1. A tenant's interest or right to occupy a certain real estate, established by a lease or the owner's implicit permission
How to use "leasehold" in a sentence
  1. The terms of the leasehold include maintenance of the property for three years.
  2. She is interested in buying the business, not just acquiring the leasehold.
  3. After eviction, his leasehold rights were terminated.
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