IPA: /ˈtɛnənsi/
KK: /ˈtɛnənsi/
The condition of living in or using a property that belongs to someone else, usually under a lease or rental agreement.
The tenancy agreement requires the tenant to pay rent on the first of each month.
Tenancy → It is formed from "tenere" (meaning to hold) and the suffix "-ancy" (indicating a state or condition). The word "tenancy" refers to the state of holding or occupying property, particularly in a rental context.
Think of 'holding' ('tenere') a property — that's what tenancy means, the state of holding or occupying a place.