1. 租赁的；租借的
If a building or land is described as leasehold, it is allowed to be used in return for payment according to the terms of a lease.

2. （按租约使用房屋或土地的）租赁权
If you have the leasehold of a building or piece of land, you have the legal right to use it for a period of time as arranged according to a lease.

1. land or property held under a lease