Leaseholds

leasehold

[lees-hohld]
noun
1.
property acquired under a lease.
2.
a tenure under a lease.
adjective
3.
held by lease.

Origin:
1710–20; lease1 + hold1

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World English Dictionary
leasehold (ˈliːsˌhəʊld)
 
n
1.  land or property held under a lease
2.  the tenure by which such property is held
3.  (modifier) held under a lease

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