noun
- the position, status, or tenure of a lessee; the period during which someone holds a lease.
Usage: formal; chiefly legal or business contexts
Examples
- During his lesseeship of the property, he made several improvements to the building.
- The lesseeship agreement outlined the tenant's responsibilities and rights.
- She enjoyed a five-year lesseeship before deciding to purchase the home.
- The lesseeship terminated when the lease expired at the end of the year.