tenure
n. Under the feudal system, the relationship between lord and tenant, which determined the conditions under which the land was held. Today the term is used to indicate the nature of a legal estate in land, i.e. freehold or leasehold. The only tenurial relationship of practical significance in modern law is that of landlord and tenant (or leasehold). See also security of tenure.

• oversight authority
• owner-occupier
• ownership
• PACE
• pact
• pacta sunt servanda
• pacta tertiis nec nocent nec prosunt
• paedophile
• paid-up capital
• pain and suffering
• palatine courts
• Panel on Takeovers and Mergers
• paperless trading
• paper owner
• parallel import
• paramount
• paramount clause
• paramountcy principle
• parcels
• pardon
• parent
• parental leave
• parental order
• parental responsibility
• parental responsibility agreement