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leasehold |
Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
leasehold [ˈliːsˌhəʊld] n 1. (Law) land or property held under a lease 2. (Law) the tenure by which such property is held 3. (Law) (modifier) held under a lease leasehold 1. the holding of property by lease. See also: Property and Ownership
2. the property held in this way. Cf. freehold. ThesaurusLegend: Synonyms Related Words Antonyms
Translations leasehold [ˈliːsˌhəʊld] 1. adj → in affitto 2. n (property) → proprietà f inv in affitto; (tenure) → diritto di godimento (della proprietà) leasehold [ˈliːsˌhəʊld] 1. adj → in affitto 2. n (property) → proprietà f inv in affitto; (tenure) → diritto di godimento (della proprietà) 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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Tucked deep into the law is a provision that extends for two years--until December 31, 2007 -the accelerated 15-year depreciation on qualified leasehold improvements. Prior to the AJCA, if a leasehold improvement constituted an addition or improvement to nonresidential real property already placed in service, the improvement was depreciated using the straight-line method over 39 years, under Sec. Such financing is typically secured by a leasehold deed of trust or mortgage. |
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