Leasehold

Leasehold

Property held under a lease for a stated period and under specified terms and conditions. In contrast, a freehold property is held for an indefinite period under absolute rights of ownership.

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Part of Speech: noun
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Industry/Domain: Accounting
Category: Auditing
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Related terms

leasehold

Accounting; Auditing

Property held under a lease for a stated period and under specified terms and conditions. In contrast, a freehold property is held for an indefinite period under absolute rights ...

leasehold

Earth science; Mapping science

(1) A property held under the tenure of lease. (2) A property consisting of the right of use and co-occupancy of real property by virtue of lease agreement. (3) The right of a ...

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Financial services; General Finance

An asset providing the right to use property under a lease agreement.

leasehold

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The property rights a tenant has in land or buildings held by lease.

leasehold

Language; Dictionaries

Held by lease.

leaseholder

Language; Dictionaries

A tenant under a lease.

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