term of years absolute

English dictionary entry

Meanings

noun
  1. An estate in land held for a term of years of either a specified length or on a periodic basis, and which is not a term of years determinable (though may be determinable for other reasons); a leasehold estate in land.
  2. The lease under which that estate in land is held.

Word forms

term of years absolute terms of years absolute

Etymology

From term of years + absolute.

Synonyms

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