leasehold

[US]/'liːshəʊld/

[UK]/'lis'hold/

Frequency: Very High

Translation

adj. owned based on a lease term for land or property
n. the right to lease; the period of a lease; the object of a lease.

leasehold agreement

leasehold property

leasehold term

an assignment of leasehold property.

The track leaseholder, Simon Gillett, is being sued by the owner of the site for unpaid rent. They will meet at Derby County Court on June 8.

The legal dispute between 2010 British GP venue Donington's leaseholder and owner has been settled out of court.

sign a leasehold agreement

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