Definition of leasehold adjective from the Oxford Advanced Learner's Dictionary

 

leasehold

 adjective
adjective
BrE BrE//ˈliːshəʊld//
 
; NAmE NAmE//ˈliːshoʊld//
 
 
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(especially British English) (of property or land) that can be used for a limited period of time, according to the arrangements in a lease a leasehold property Word Origin early 18th cent.: from lease, on the pattern of freehold.

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