freehold Meaning in the Cambridge English Dictionary
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Meaning of “freehold” in the English Dictionary

"freehold" in British English

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freeholdnoun [C]

uk   /ˈfriː.həʊld/  us   /-hoʊld/ UK
the ​legalright to own and use a ​building or ​piece of ​land for an ​unlimitedtime: Who ​owns the freehold of/on the ​property?
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freehold
adjective uk   us  
Are those ​flats freehold or ​leasehold?
(Definition of freehold from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"freehold" in Business English

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freeholdnoun [C]

uk   /ˈfriːhəʊld/  us   /-hoʊld/ mainly UK PROPERTY, LAW
the ​right to own a ​building or ​piece of ​land without ​timelimit: freehold of/on sth Trustees ​accepted an ​offer of £30 million for the freehold of the ​business.buy/sell/own the freehold Instead of ​selling the freehold, the Commissioners are ​selling a 200-year ​lease.
(also mainly UK freehold estate) a ​building or ​piece of ​land that is ​owned by someone without ​timelimit: Their ​stores do ​add a ​bit of solidity to their ​balance sheet as they are all freeholds.
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freeholdadjective

uk   /ˈfriːhəʊld/  us   /-hoʊld/
freehold ​property is ​owned by someone without ​timelimit: Almost all of its ​properties are freehold, giving the ​group a ​netassetvaluepershare of about 345p. freehold ​buildings/​land/​possession
(Definition of freehold from the Cambridge Business English Dictionary © Cambridge University Press)
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