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English definition of “tenancy”

tenancy

noun     /ˈten.ən.si/
[C or U] the right to use land or live in a building in exchange for rent Living or sleeping somewhereRenting propertyMortgages and real estateRenting, hiring and hire purchase in general [C] the period of time for which you have the right to use a building or piece of land : a two-year tenancyLiving or sleeping somewhereRenting propertyMortgages and real estateRenting, hiring and hire purchase in general
(Definition of tenancy noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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