leasehold

[ lees-hohld ]

/ ˈlisˌhoʊld /

property acquired under a lease.

a tenure under a lease.

held by lease.

Origin of leasehold

First recorded in 1710–20; lease¹ + hold¹

The price was four hundred thousand pounds, including the leasehold and goodwill.

The Grand Babylon Hotel |Arnold Bennett
I offered the renters $700 and $600, respectively, for their leasehold and other property.

The Fat of the Land |John Williams Streeter
With personal estate (other than leasehold) he has perhaps not so much concern.

Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 3 |Various
Such a leasehold system as that of England is practically unknown elsewhere.

Practical Politics; or, the Liberalism of To-day |Alfred Farthing Robbins

Nobody expects to live out the leasehold term which he takes to build upon.

Friends in Council |Arthur Helps

leasehold

/ (ˈliːsˌhəʊld) /

land or property held under a lease

the tenure by which such property is held

(modifier) held under a lease