The Ottoman Empire lasted from 1299 to 1923. It was centered in Turkey and controlled the eastern and southern lands around the Mediterranean Sea. The empire was founded by Osman I around 1299, and was most powerful from around 1400 to 1600, when it controlled trade and politics in southeastern Europe, southwest Asia, and northern Africa. Suleiman the Magnificent was one of the most powerful rulers.
About Finance menu. Leasehold Improvements. A leasehold improvement is an improvement made to a leased building by a department that has the right to use this leasehold improvement over the term of the lease. This improvement will revert to the lessor at the expiration of the lease.
Related to leasehold: freehold, Leasehold Improvements, leasehold interest, leasehold property. An estate, interest, in real property held under a rental agreement by which the owner gives another the right to occupy or use land for a period of time. n. the real estate which is the subject of a lease (a written rental agreement for an extended period of time). The term is commonly used to describe improvements on real property when the improvements are built on land owned by one party which is leased for a long term (such as 99 years) to the owner of the building.