freehold (C1)
noun
Pronunciation: /ˈfriːhoʊld/
Definition
Absolute ownership of property, including the land, for an indefinite period.
Examples
The buyer was happy to secure a freehold on the historic cottage.
Many people dream of owning their home in freehold, rather than leasing it.
The company decided to sell its freehold property to raise capital.
How to Use freehold
- own in freehold (collocation)
- To possess property with absolute ownership. — "She managed to own her apartment in freehold after years of saving."
- freehold property (collocation)
- Real estate that is owned outright. — "The investment portfolio includes several valuable freehold properties."
Synonyms of freehold
Words with a similar meaning to freehold:
Antonyms of freehold
Words with the opposite meaning to freehold:
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