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leaseholder

/ˈliːʃhɒldər/ · les·hold·er
noun
  1. A person who holds a lease on a property, such as a house or apartment. As the leaseholder, she was responsible for paying the rent and maintaining the property.
  2. A person who has a lease on a vehicle, such as a car or boat. The leaseholder of the yacht was required to return it to the marina by the end of the summer.

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Did you know? The concept of a leaseholder dates back to medieval England, where tenants would hold land from a lord in exchange for rent and loyalty.
Written by Lexi Wordsworth, Dictionary Editor 0 lookups Added Jul 21, 2026