[f. LEASE sb.3, after freehold.] A tenure by lease; real estate so held.
1720. Lond. Gaz., No. 5867/3. A Leasehold of 100l. per Annum, for 99 Years.
1870. Spurgeon, Treas. Dav., Ps. lxix. 17. He has but a leasehold of his acres, and death ends his tenure.
1874. Helps, Soc. Press., ii. 25. There is also the system of leaseholds, which must be very prejudicial to good building.
1881. Gladstone, Sp. on Irish Land Bill, 19. You have the leaseholds and you have the annual tenancy.
b. attrib. or adj. Held by lease.
1731. W. Derham (title), A Defence of the Churches Right in Leasehold Estates.
1817. W. Selwyn, Law Nisi Prius (ed. 4), II. 707. In ejectment for a leasehold estate, the lessor of the plaintiff produced the original lease.
1858. Bright, Sp. Reform, 27 Oct. A man comes into possession of leasehold houses.
Hence Leaseholder, one who possesses leasehold property.
1858. J. B. Norton, Topics, 229. Which thrusts a long lease upon the perpetual leaseholder.
1883. T. Colborne, in Law Times, 27 Oct., 433/1. The leaseholder, like the agricultural tenant under the Act of 1883, is prevented from contracting himself out of the benefits of the Act.