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tenure
(redirected from Security of tenure)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
tenure

A time period,as in the tenure of a lease.



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On the major sticking point, the security of tenure of list positions, by which bookmakers choose where to bet, the RCA recommended a period of 20 years from September 1, 2012, against an indication from the Federation of Racecourse Bookmakers that its members would settle for nothing less than 99 years.
If, as landlord, you are concerned that your proposed licence might in reality be a lease, it is better to grant a lease excluding the security of tenure provisions of the 1954 Act.
Also, some of the tenancies granted have been framed so as to give limited security of tenure, with the tenant being evicted after a period of as little as six months.
 
 
 
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