leasehold improvements

leasehold improvements. Beneficial changes to leased property (such as a parking lot or driveway) made by or for the benefit of the lessee. • The phrase is used in a condemnation proceeding to determine the share of compensation to be allocated to the lessee.

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词条贡献者

译者Henry，毕业于世界顶级翻译学院，擅长翻译各种与企业管治相关的法律文件。