1. leasehold - Noun
2. leasehold - Adjective
Held by lease.
A tenure by lease; specifically, land held as personalty under a lease for years.
Source: Webster's dictionaryAnd life is given to none freehold, but it is leasehold for all. Lucretius
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. Source: Internet
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. Source: Internet
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. Source: Internet
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. Source: Internet
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. Source: Internet