wolse
English
Etymology
Borrowed from Korean 월세(月貰) (wolse).
Pronunciation
- (Received Pronunciation) IPA(key): /ˈwɒlseɪ/, /ˈwəʊlseɪ/
- (General American) IPA(key): /ˈwɔlseɪ/, /ˈwoʊlseɪ/
- Rhymes: -ɒlseɪ, -əʊlseɪ
Noun
wolse (uncountable)
- (real estate) A lease in the South Korean real estate market in which rent is paid monthly.
Usage notes
- Often used when drawing comparisons with jeonse, which is a form of rental contract unique to South Korea, since wolse is a form of lease that non-Koreans are more likely to be familiar with.