BusinessJuly 16, 2026
leasehold
/ˈliːshoʊld/
Definition
The right to use, explore, or extract resources from a specific piece of land for a set period, typically granted through a contract.
Etymology
Derived from the Middle English 'lees' (a lease or contract) combined with 'hold' (a tenure or possession). It evolved into a legal term for the specific right to occupy or exploit land under a contractual agreement.
In the news
In the article, the term refers to the company's acquisition of legal rights to develop mineral and energy resources within specific oil and gas regions. This is a core component of how Silver Hill expands its portfolio of drilling locations.
Silver Hill Energy Partners Closes Oversubscribed $1.277 Billion Fifth Fund for U.S. Shale Development
Read the full article ↗Pulse 2.0