/ˈtɛnənsɪ/ – noun
Definition: 1. việc chiếm hữu (chủ yếu là bất động sản);
2. việc chiếm hữu với tư cách người thuê mướn;
3. thời hạn thuê mướn;
4. tài sản được thuê.
A more thorough explanation: Tenancy refers to the possession or occupancy of real property by a tenant under a lease or rental agreement. It is a legal relationship between a landlord and a tenant where the tenant has the right to possess and use the property for a specific period of time in exchange for payment of rent.
Example: The landlord and tenant entered into a tenancy agreement for the rental of the property.