headrent

/ˈhed.rɛnt/

Definitions

1. noun

An agreement or arrangement, especially a contract, to pay rent for a business or organization to occupy the head office of another.

“The company signed a headrent agreement with the real estate firm to occupy the top floor of their building.”

Synonyms

  • headlease
  • office rental agreement

Antonyms

  • free occupancy
  • head ownership