leasehold

noun
lease·​hold | \ ˈlēs-ˌhōld How to pronounce leasehold (audio) \

Definition of leasehold

1 : a tenure by lease
2 : property held by lease

Other Words from leasehold

leaseholder noun

Examples of leasehold in a Sentence

Recent Examples on the Web Horizontal drilling means that individual leases are not usable without a complete geographic leasehold. Benjamin Zycher, National Review, 17 Mar. 2022 Its leasehold includes three piers, five wet berths, and two floating dry docks, as well as administration offices and production facilities. Jennifer Van Grove, San Diego Union-Tribune, 9 Feb. 2022 The company plans to build four blocks of up to 21 stories each, with a total of 640 residential units on the 99-year leasehold site, if the government accepts its top bid. Jonathan Burgos, Forbes, 19 Jan. 2022 The life science real estate group last year purchased the bulk of Manchester Financial Group’s leasehold of the former Navy Broadway Complex. Jennifer Van Grove, San Diego Union-Tribune, 21 Oct. 2021 After numerous legal and financial setbacks, the firm sold most of its leasehold to IQHQ for $230 million. Jennifer Van Grove, San Diego Union-Tribune, 21 Oct. 2021 Second, to obtain the best terms on its financing, the tenant wants to sign a mortgage that encumbers not only this (leasehold) estate but also a handful of other properties under common ownership. Joshua Stein, Forbes, 21 Sep. 2021 In an agreement with multiple governmental entities, Carpenter and Engel had consented to back away from their project and turn over their leasehold in return for a $33 million payment should voters approve the tax hike. San Diego Union-Tribune, 28 Dec. 2020 Fifth Avenue Landing subsequently agreed in 2010 to transfer its Port of San Diego leasehold to the Convention Center Corp. in exchange for interest payments and a $12.5 million balloon payment in 2015. San Diego Union-Tribune, 28 Dec. 2020 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'leasehold.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of leasehold

1710, in the meaning defined at sense 1

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Time Traveler for leasehold

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The first known use of leasehold was in 1710

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Dictionary Entries Near leasehold

leaseback

leasehold

lease hound

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Cite this Entry

“Leasehold.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leasehold. Accessed 23 May. 2022.

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More Definitions for leasehold

leasehold

noun
lease·​hold | \ ˈlēs-ˌhōld How to pronounce leasehold (audio) \

Legal Definition of leasehold

: 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

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