leasehold

Meanings

• noun

  A type of property ownership where the tenant or buyer holds the right to occupy and use the property for a specified period, but does not own the land it stands on.

  - "The apartment I'm renting is a leasehold property."
  - "My friend's family has owned their leasehold house for three generations."

---

Rhymes

Words rhyming with leasehold
reholds , folds , molds

---

Variants

List of all variants of leasehold that leads to same result
leasehold , leaseholder , leaseholders , leaseholds

---

Etymology

origin and the way in which meanings have changed throughout history.

The term 'leasehold' comes from the Old French word 'lest' meaning 'loan' or 'pledge', and the Old English word 'hold' meaning 'possession'. It refers to the tenant's holding of the property through a lease or agreement.

---

Trivia

Any details, considerations, events or pieces of information regarding the word

1. Leasehold properties are often more affordable than freehold properties, but tenants may face restrictions on making modifications to the property.

2. In some cases, leasehold properties can be converted to freehold properties through a process known as 'enfranchisement'.

---

Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. tenancy: The legal relationship between a landlord and tenant, granting the tenant the right to occupy a property for a specified period.

2. fee simple: A type of property ownership where the owner has complete and absolute control of the property, including the right to sell, lease, or pass it on to heirs.

---

Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Leasehold properties have been common in various parts of the world, particularly in countries like the United Kingdom, Hong Kong, and parts of the United States. They are often used for residential and commercial properties, and the terms of the lease can vary significantly.

How to Memorize "leasehold"

1. visualize
   

   - Imagine a tenant signing a lease agreement with a landlord, exchanging money for the right to occupy a property for a specified period.

2. associate
   

   - Associate the term 'leasehold' with the idea of a temporary agreement or contract for the use of property.

3. mnemonics
   

   - Use the mnemonic 'Lease: Long-term Exclusive Agreement for Occupancy' to remember the meaning of leasehold.

---

Memorize "leasehold" using Dictozo

The best and recommended way to memorize leasehold is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

   Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
2. Periodic Reminders:

   Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.