An asset providing the right to use property under a lease agreement. Bloomberg Financial Dictionary
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leasehold land, buildings etc can be used by someone for as long as is stated in a lease:
• Due to internal reorganization, the company has recently vacated one of its leasehold buildings.
— leasehold noun [countable, uncountable] :
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Ⅰ.
leasehold UK US /ˈliːshəʊld/ US /-hoʊld/ noun [C or U] LAW, PROPERTY
► the right to live in or use a building, piece of land, etc. for a particular period of time as agreed in a lease: »
He has bought the long leasehold on a 100,000 square foot listed building.
buy/hold/sell the leasehold »The company sold the leasehold of the site for £340,000 last month.
Ⅱ.
leasehold UK US /ˈliːshəʊld/ adjective LAW, PROPERTY
► leasehold property is used for a particular period of time as agreed in a lease: »
Most retirement properties are leasehold.
»a leasehold agreement/flat
leasehold adverb
► »
Most of the properties are sold leasehold.
Financial and business terms. 2012.