(UK, legal) Describing a tenancy that exists for an agreed term, at the end of which the property may be recovered by the landlord.
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UK and Irish slang — Cockney, Scouse, Geordie, Yorkshire, Glaswegian, Brummie, Welsh, West Country, plus Irish English. Centuries of regional dialects feeding into modern British and Irish street talk.
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A tenancy of this kind.
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