What context can I use each word in?
Learn when and how to use these words with these examples!
leasehold
Example
The leasehold on the apartment will expire in three years. [leasehold: noun]
Example
The leasehold agreement stipulates the terms and conditions of the tenancy. [leasehold: adjective]
lease
Example
We signed a lease for the apartment for one year. [lease: noun]
Example
They decided to lease the office space for their new business. [lease: verb]
Good things to know
Which word is more common?
Lease is more commonly used than leasehold in everyday language, as it covers a wider range of contexts and is more familiar to most people.
Whatโs the difference in the tone of formality between leasehold and lease?
Both leasehold and lease can be used in formal and informal contexts, but leasehold is more commonly used in legal or real estate contexts, which tend to be more formal.
