Meaning of “assured tenancy” in the English Dictionary

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"assured tenancy" in Business English

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assured tenancynoun [ C ]

uk us plural assured tenancies

PROPERTY a legal arrangement that allows you to live in a rented property for an agreed period without being able to be forced out:

Under an assured tenancy, the tenant has security of tenure provided he or she pays a market rent.

(Definition of “assured tenancy” from the Cambridge Business English Dictionary © Cambridge University Press)