leasehold

noun

lease·​hold ˈlēs-ˌhōld How to pronounce leasehold (audio)
1
: a tenure by lease
2
: property held by lease
leaseholder noun

Examples of leasehold in a Sentence

Recent Examples on the Web That same year, Manchester also sold off the bulk of the Broadway complex’s leasehold to IQHQ for $230 million. Jennifer Van Grove, San Diego Union-Tribune, 23 Feb. 2024 This will provide a comparable sale for a leasehold estate. The San Diego Union-Tribune Staff, San Diego Union-Tribune, 20 Feb. 2024 Tuesday, Port of San Diego Commissioners voted unanimously in favor of the transaction, starting the clock on a process that should see the Navy’s leasehold formally terminated before the end of the year. Jennifer Van Grove, San Diego Union-Tribune, 13 Sep. 2023 Vornado, which has struggled for years to demolish the old pier and to transform it into various different venues such as a giant trade show facility, contributed its long-term leasehold to the venture. Brent Lang, Variety, 29 Aug. 2023 And, in February, the firm sold the leasehold for its Escondido mall, now called North County Mall, to Steerpoint Capital and Bridge Group Investments for $57 million. Jennifer Van Grove, San Diego Union-Tribune, 21 July 2023 The acquisition cost for the North County leasehold was $57 million, said Steerpoint Managing Partner Bo Okoroji. San Diego Union-Tribune, 3 Feb. 2023 When the merger is completed during the 2nd half of 2022, the combined company will sport approximately 180,000 net leasehold acres, 40,000 net royalty acres and total current production of approximately 135,000 Boe/d. David Blackmon, Forbes, 19 May 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'leasehold.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1710, in the meaning defined at sense 1

Time Traveler
The first known use of leasehold was in 1710

Dictionary Entries Near leasehold

Cite this Entry

“Leasehold.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leasehold. Accessed 19 Apr. 2024.

Legal Definition

leasehold

noun
lease·​hold ˈlēs-ˌhōld How to pronounce leasehold (audio)
: a tenure of real property held by a lessee under a lease : a lessee's estate in the property
also : the property so held compare fee, freehold
Last Updated: - Updated example sentences
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