leasehold

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

Definition of leasehold

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

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Other Words from leasehold

leaseholder noun

Examples of leasehold in a Sentence

Recent Examples on the Web Lawsuits and financial woes repeatedly tripped up that effort with Manchester Financial last month selling the bulk of its 99-year leasehold to biotech real estate investment firm IQHQ. Jennifer Van Grove, San Diego Union-Tribune, "Navy moves into new downtown San Diego headquarters," 29 Oct. 2020 Two days after the Ash Street walk-through with Faulconer, Shapery, Manchester and others, Deputy Chief Operating Officer Ronald Villa outlined the city’s final options for expanding the city’s downtown leasehold. Jeff Mcdonald, San Diego Union-Tribune, "Newly released emails show Faulconer, top aides overruled city real estate director on Ash Street property," 19 Oct. 2020 The pair, along with Willingham, also took the potential investors on tours of the leaseholds. Patrick Danner, ExpressNews.com, "SEC sues 3 over fraudulent South Texas oil investments," 19 May 2020 The parties can begin negotiating project specifics and the terms of a leasehold once port commissioners sign off on talks, which could happen at the agency’s October board meeting. San Diego Union-Tribune, "Topgolf driving range with downtown views back in the mix for East Harbor Island," 18 Sep. 2019 This included partnering with Gross, DJ Khaled and others to partner with an investment syndicate in a bid to acquire the leasehold for the Viceroy Santa Monica, a 162-room luxury, beach hotel. Jewel Wicker, Billboard, "Nipsey Hussle's Business Moves Were Ahead of His Time," 1 Apr. 2019 The symphony must also complete a number of park improvements outside of its leasehold, including replacing the existing basketball courts and updating the public restrooms. Jennifer Van Grove, San Diego Union-Tribune, "Symphony will start building its permanent bayside venue next month," 14 Aug. 2019 The contract also expands the museum’s leasehold to include the plaza area in front of the building. Jennifer Van Grove, San Diego Union-Tribune, "Timken Museum lease agreement sets precedent for Balboa Park institutions," 4 June 2019 Anchors securing Site 1 are outside of the leasehold, another lease violation, DNR found. Lynda V. Mapes, The Seattle Times, "Washington state cancels lease for Atlantic salmon farm off Cypress Island," 4 Feb. 2018

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.

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First Known Use of leasehold

1710, in the meaning defined at sense 1

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Time Traveler for leasehold

Time Traveler

The first known use of leasehold was in 1710

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Statistics for leasehold

Cite this Entry

“Leasehold.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/leasehold. Accessed 25 Jan. 2021.

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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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