Focus on the pronunciation of freehold
English definition of “freehold”
/-hoʊld/ noun [C] 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. → Compare leasehold → See also fee simple, life estate