noun

freehold

freehold

They purchased the freehold of the property.

They purchased the freehold of the property.

((the)) freehold ((of sth.)) the ownership of (sth.) They purchased the freehold of the property.

Synonyms: ownership, title, property; Antonyms: leasehold

Etymology: "free" + "hold". The concept of holding land freely, without obligation to a lord.

Think of it as being "free to hold" the land forever.

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