marriage value

English

Etymology

From marriage +‎ value.

Noun

marriage value (plural marriage values)

  1. (UK, property law) The difference in value between a leasehold interest in land and the hypothetical value of its reversionary interest were the leasehold to be determined, which typically increases as the leasehold draws towards its end; frequently considered the market value chargeable to the tenant for a long extension of the leasehold, or for the purchase of the reversionary interest.
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