jeonse
Meanings
noun
- 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
Word forms
Etymology
Borrowed from Korean 전세(傳貰) (jeonse).
Antonyms
Related words
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