leasehold
(ˈliːshəʊld)
[f. lease n.3, after freehold.]
A tenure by lease; real estate so held.
| 1720 Lond. Gaz. No. 5867/3 A Leasehold of 100l. per Annum, for 99 Years. 1870 Spurgeon Treas. Dav. Ps. lxix. 17 He has but a leasehold of his acres, and death ends his tenure. 1874 Helps Soc. Press. ii. 25 There is also the system of leaseholds, which must be very prejudicial to good building. 1881 Gladstone Sp. on Irish Land Bill 19 You have the leaseholds and you have the annual tenancy. |
b. attrib. or adj. Held by lease.
| 1731 W. Derham (title) A Defence of the Churches Right in Leasehold Estates. 1817 W. Selwyn Law Nisi Prius (ed. 4) II. 707 In ejectment for a leasehold estate, the lessor of the plaintiff produced the original lease. 1858 Bright Sp. Reform 27 Oct., A man..comes into possession of leasehold houses. |
Hence ˈleaseholder, one who possesses leasehold property.
| 1858 J. B. Norton Topics 229 Which thrusts a ‘long lease’ upon the ‘perpetual’ leaseholder. 1883 T. Colborne in Law Times 27 Oct. 433/1 The leaseholder, like the agricultural tenant under the Act of 1883, is..prevented from contracting himself out of the benefits of the Act. |