US Term Only
See also: Land grabbingA land lease or ground lease is a lease in which the tenant rents and uses the land, but owns the temporary or permanent buildings and other objects placed upon it.
According to the Ethiopian government 36 countries including India, China, Pakistan and Saudi Arabia had leased farm land there in March 2011. Ethiopia had offered three million hectares of virgin land to foreign corporations. Ethiopia is one of the world's largest recipients of humanitarian food assistance. In 2010 receiving more than 700,000 tonnes of food.
Read more about this topic: Lease, Land Lease
Famous quotes containing the word term:
“I expect to maintain this contest until successful, or till I die, or am conquered, or my term expires, or Congress or the country forsakes me.”
—Abraham Lincoln (1809–1865)