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BNC: 16921 COCA: 39098
BNC: 16921 COCA: 39098

leasehold

noun

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

Example Sentences

Recent Examples on the Web In 2008, that leasehold was bought for 40 million pounds by a Hong Kong firm called Glory Step Investments, domiciled in the British Virgin Islands, a tax haven. Alexander Smith, NBC News, 15 Aug. 2022 Under the current contract, festival organizers are on the hook for sales, liquor, leasehold and amusement taxes. Doug George, Chicago Tribune, 31 July 2022 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 See More

Word History

First Known Use

1710, in the meaning defined at sense 1

Time Traveler
The first known use of leasehold was in 1710
BNC: 16921 COCA: 39098

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