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Meaning of marriage value | Babel Free

Noun CEFR B2

Definitions

The difference in value between a leasehold interest in land and the hypothetical value of its reversionary interest were the leasehold to be determined, which typically increases as the leasehold draws towards its end; frequently considered the market value chargeable to the tenant for a long extension of the leasehold, or for the purchase of the reversionary interest.

UK

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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