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leasehold improvement

   Also found in: Acronyms 0.01 sec.
Leasehold improvement
An improvement made to leased property.

leasehold improvement
An improvement of a leased asset that increases the asset's value. The expense of a leasehold improvement is carried as an asset that declines in value over time as the value is depreciated over the life of the lease or the improvement.


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Asking only a mere fraction of the Inventory, FF&E and Leasehold improvement values.
Qualified leasehold improvement property" includes any improvement to an interior portion of a building that was nonresidential real property, provided certain requirements were met: The improvement had to be made to a structural component of the building.
The company said it amortized certain leasehold improvements on one of its properties over a period that exceeded the lease term, causing a cumulative understatement of leasehold amortization expense of $410,000 as of Dec.
 
 
 
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