The right to hold or use property for a fixed period of time at a given price, without transfer of ownership, on the basis of a lease contract. A leasehold is a fixed asset.

Use leasehold in a sentence

You should always know exactly what is needed when you are in a leasehold and stick to it at all times.

​ Was this Helpful? YES  NO 7 people found this helpful.

We had a leasehold agreement that would last fora short duration of time, but would be well worth the purchase.

​ Was this Helpful? YES  NO 6 people found this helpful.

The leasehold allowed the farm to continue to do business and meet the demand that existed in the market with their supply.

​ Was this Helpful? YES  NO 8 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
less than freehold estate commercial leasehold insurance