tenure

/ˈtɛn.jə/
noun
1

A status of possessing a thing or an office; an incumbency.

2

A period of time during which something is possessed.

3

A status of having a permanent post with enhanced job security within an academic institution.

4

A right to hold land under the feudal system.

More synonyms: incumbency
verb
1

To grant tenure, the status of having a permanent academic position, to (someone).

Source: https://en.wiktionary.org/wiki/tenure

Definitions come from the Free Dictionary API (dictionaryapi.dev), with Wiktionary as a fallback when it is slow, and are cached for up to 24 hours.