Words / M / Business

multi-let

adjective/ˈmʌltilɛt/

C2CEFR level
88/100Rarity: very rare
TechnicalRegister

Describing a property occupied by several tenants under separate tenancies.

The multi-let office spread risk across a dozen occupiers rather than a single covenant.

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 business words: Real estate & property