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leasehold |
Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia | 0.07 sec. |
leaseholdIn law, land or property held by a tenant (lessee) for a specified period (unlike freehold, outright ownership), usually at a rent from the landlord (lessor). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The rule makes it easier for terminal operators who invest large amounts in their port facilities--and rarely leave--to argue that they are short-term leaseholders and should receive reductions in their tax bills. ``I think land owners and leaseholders have the same rights as everybody else,'' he said. As the Chicago Housing Authority razes thousands of units as part of its 10-year Plan for Transformation, the city has tracked and attempted to find housing for leaseholders displaced by the demolition. |
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