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freehold

noun

free·​hold ˈfrē-ˌhōld How to pronounce freehold (audio)
1
: a tenure of real property by which an estate in fee simple or fee tail or an estate for life is held
also : an estate held by such tenure compare fee sense 1
2
British : an estate held in fee simple
freehold adjective or adverb
freeholder noun

Example Sentences

Recent Examples on the Web Some 65% of Whitbread’s estate is freehold, and international buyers might be attracted by the prospect of using the dirt-cheap pound to grab themselves some British property assets. Washington Post, 22 Aug. 2019 But sale-and-leaseback deals (when companies sell off freehold sites and rent them back) are risky. Washington Post, 22 Aug. 2019

Word History

First Known Use

15th century, in the meaning defined at sense 1

Time Traveler
The first known use of freehold was in the 15th century

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