enfranchisement
C1CEFR level
85/100Rarity: very rare
TechnicalRegister
Law noun
A leaseholder's statutory right to buy the freehold or extend the lease.
The flat owners clubbed together to pursue collective enfranchisement of the whole block.
Business noun
The statutory right of a leaseholder to buy the freehold or extend the lease.
Collective enfranchisement let the tenants seize control of their block from an absentee freeholder.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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