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.

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.

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