jeonse
English
Alternative forms
Etymology
Borrowed from Korean 전세(傳貰) (jeonse).
Pronunciation
- IPA(key): /ˈd͡ʒʌnseɪ/, /ˈt͡ʃʌnseɪ/
- Rhymes: -ʌnseɪ
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.