jeonse
Appearance
English
[edit]Alternative forms
[edit]Etymology
[edit]Borrowed from Korean 전세(傳貰) (jeonse).
Pronunciation
[edit]Noun
[edit]jeonse (uncountable)
- (real estate) A form of lease in the South Korean real estate market in which the lessee does not pay rent, but instead provides the landlord with a large lump sum deposit which is returned in full once the lease has determined, with the landlord profiting through investment of the deposit.