/pɪriˈɑdɪk tɛnənsi/ – Phrase
Definition: Hợp đồng thuê có thời hạn định kỳ.
A more throughout explanation: a tenancy (=the right to use land or property in return for regular payments of money) that automatically continues from one rental period to the next until ended by the tenant or landlord
Example: A yearly periodic tenancy had arisen and the tenant was liable for the rent up to October 31, 2014.