A possessory right to live in a building or flat but not owning the land upon which it sits. Common for apartments. Leases are usually for 99 or 999 years.
Leasehold
Example Sentences
"That's a proper Leasehold, that is."
"I've never seen such a Leasehold in all my life."
Etymology & History
British slang term that developed through the natural evolution of informal speech. Like many British colloquialisms, it likely began in a specific regional or social context before spreading to broader usage.
Word Details
๐
Region
General British
๐
Era
Modern
โ
Language
Mild
๐ฌ
Formality
Slang
Categories:
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Anglotopia's Dictionary of British English 2nd Edition
British Slang from A to Zed
By Jonathan Thomas
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