jeonse

English dictionary entry

Meanings

noun
  1. A form of lease in the South Korean real estate market in which the lessee does not pay rent, but instead provides the landlord with a large lump sum deposit which is returned in full once the lease has determined, with the landlord profiting through investment of the deposit.

Pronunciation

/ˈd͡ʒʌnseɪ/ /ˈt͡ʃʌnseɪ/

Word forms

jeonse chonse chŏnse cheonse jonse junse

Etymology

Borrowed from Korean 전세(傳貰) (jeonse).

Antonyms

wolse banjeonse sageulse

Related words

This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.