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What is a subtenancy?

What is a subtenancy? Here are some definitions.

Noun
  1. the state of being a subtenant, of having sublet
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Examples
Before then it was possible for a tenant to grant land to another tenant, who would owe him service, thus creating a further subtenancy and extending the feudal ladder.
Granting a subtenancy otherwise would be a breach of your lease and a ground for forfeiture ECENTLY, I exchanged contracts on a new-build property, purchased off plan.
Emphyteusis, the practice of leasing land with the possibility of creating additional layers of subtenancy, was one such mechanism of expanding or insuring holdings.

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