English, asked by Anonymous, 3 months ago

what do you mean by leasehold




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Answers

Answered by shifashoeb96
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.

Answered by Aripthajoysce120735
1

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.

Explanation:

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