leasehold
Speech parts
1. leasehold - Noun
2. leasehold - Adjective
Meaning
Held by lease.
A tenure by lease; specifically, land held as personalty under a lease for years.
Source: Webster's dictionarySynonyms
Antonyms
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Examples
And life is given to none freehold, but it is leasehold for all.
But as Inslee emphasized Thursday, Boeing continues to benefit from other major tax incentives, including a B&O tax credit, a leasehold tax credit and a sales-tax exemption for software and computer purchases.
The hotel and the property it sits on is part of a leasehold estate owned by a limited partnership in Fort Collins, meaning that FTC and Wyco can trade the property as if they own it outright, but ultimately owe rent to the partnership.
With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of its knowledge, holds a valid leasehold interest free of all liens, claims or encumbrances.
But the proposed ban on leasehold housing development – as well as the government’s ongoing efforts to make it easier for existing leaseholders to buy out their freeholds – could undermine these good intentions.
San Francisco was also granted a perpetual leasehold over the Hetch Hetchy Valley and watershed in Yosemite National Park by the Raker Act in 1913.