leasehold: Meaning and Definition of

lease•hold

Pronunciation: (lēs'hōld"), [key]
— n.
  1. property acquired under a lease.
  2. a tenure under a lease.
—adj.
  1. held by lease.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
leaseback leaseholder
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