jeonse
English edit
Etymology edit
Borrowed from Korean 전세 (jeonse).
Noun edit
jeonse (uncountable)
- A kind of lease or deposit in the South Korean real estate market, where, instead of paying monthly rent, the renter makes a lump sum deposit at some proportion of the market value, which is returned at the end of the lease term, with the landlord profiting through investment of the deposit.