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English definition of “freehold”

freehold

adjective     /ˈfriːhəʊld/ US   /-hoʊld/
freehold property is owned by someone without time limit: Almost all of its properties are freehold, giving the group a net asset value per share of about 345p. freehold buildings/land/possession
(Definition of freehold adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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