leasehold interest

Definition

The right to hold or use property for a specific period of time at a given price without transferring ownership.

Use leasehold interest in a sentence

You should try and figure out how much the leasehold interest will be and factor that in to the cost.

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There was some leasehold interest to take into account and I was really unhappy because it made things mire difficult for me.

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ABC Company decided not to build an office park downtown so they sold their leasehold interest to XYZ Incorporated at a discount.

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