English, asked by Anonymous, 3 months ago

what do you mean by leasehold ​

Answers

Answered by maniyachawla12
2

Answer: This may help you

Explanation:

Leasehold is an accounting term for an asset being leased. The asset is typically property such as a building or space in a building. The lessee contracts with the lessor for the right to use the property in exchange for a series of scheduled payments over the term of the lease.

Answered by nishamohideen94
2

Answer:

Leasehold is an accounting term for an asset being leased. The asset is typically property such as a building or space in a building. The lessee contracts with the lessor for the right to use the property in exchange for a series of scheduled payments over the term of the lease.

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