Leasehold Improvements Definition – What is Leasehold Improv

Accounting Glossary 

Leasehold improvements definition including break down of areas in the definition. Analyzing the definition of key term often provides more insight about concepts. Leasehold improvements can be defined as: Alterations or improvements to leased property such as partitions and storefronts. Leasehold improvements are often done by the lessee but it is important to note that the improvement will generally revert back to the lessor at the end of the lease term.