Meaning of “leasehold estate” in the English Dictionary

business-english dictionary

"leasehold estate" in Business English

See all translations

leasehold estatenoun [ C ]

uk us LAW, PROPERTY

a situation in which a building, piece of land, etc. is used for a particular period of time, as agreed in a lease:

A leasehold estate is an interest in land for a definite period of time.

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