Meaning of the word tenancy in English

What does tenancy mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

tenancy

US /ˈten.ən.si/
UK /ˈten.ən.si/

Noun

1.

the occupation of land or property as a tenant

Example:
The family held the tenancy for over fifty years.
They are seeking to renew their tenancy agreement.
2.

the period of a tenant's occupancy

Example:
At the end of the tenancy, the property must be vacated.
The landlord offered a short-term tenancy.