Leasehold(redirected from Estate for years)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.
Related to Estate for years: periodic estate
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The accounting status of assets under operating leases. An operating lease gives the lessee fewer rights to use the assets than a capital lease would; expenses on leaseholds are considered rental expenses. See also: Freehold.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A name given to the tenant's rights in real estate after signing a lease.The leasehold estate is classified as a less-than-freehold estate.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.