Words / F / Law

freehold

/ˈfriːhəʊld/

B1CEFR level
40/100Rarity: uncommon
TechnicalRegister

Law noun

Outright, permanent ownership of land or property.

They bought the freehold rather than a lease.

Similar: full ownership

Origin: from 'free' + 'hold'.

Topic: Property in Legal English

Business noun

Absolute ownership of land and any buildings on it for an indefinite period.

Investors preferred the freehold because it carried no ground rent or diminishing term.

Topic: Real estate & property in Business English

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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More law words: Property