jeonse
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English
Alternative forms
Etymology
Borrowed from Korean 전세(傳貰) (jeonse).
Pronunciation
Noun
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.