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Meaning of lease for lives | Babel Free

Noun CEFR C1

Definitions

A kind of lease for a term of years determinable, popular in the 17th and 18th centuries, which typically named three individuals – the "lives" – and determined upon the death of all three.

England, Wales, historical

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
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See also

lease line lease provider lease-lend leaseability leaseback Leased

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