チョンセ

Japanese

For pronunciation and definitions of チョンセ – see the following entry.

【伝貰】 [noun] (real estate) jeonse (a form of lease in the South Korean real estate market in which the lessee does not pay rent, but instead provides the landlord with a large lump sum deposit which is returned in full once the lease has determined, with the landlord profiting through investment of the deposit)

(This term, チョンセ (chonse), is the katakana spelling of the above term.)