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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   /ˈfriː.hoʊld/ UK
the legal right to own and use a building or piece of land for an unlimited time: 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 time limit: 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 time limit: 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 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 from the Cambridge Business English Dictionary © Cambridge University Press)
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“freehold” in British English

“freehold” in Business English

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