Freehold

To own land permanently. This refers solely in immovable property – literally land, not the structures on it. To have “freehold” title to land, means you hold it free of any liens or mortgages.

Why I Looked It Up

It came up in a book about the history of money. Freehold property rights have been cited as a key driver of economic growth.

This is item #98 in a sequence of 252 items.

You can use your left/right arrow keys or swipe left/right to navigate