/li:shhoʊld ɪˈsteɪt/ – Phrase
Definition: Quyền sử dụng đất theo hợp đồng cho thuê.
A more thorough explanation: the right to hold land or property for a defined period of time in return for paying rent to a landlord
Example: The Lease and the leasehold estate created thereby are hereby terminated, effective 12:00 a.m., October 13, 2014.