lease Meaning, Definition & Usage
noun property that is leased or rented out or let
noun a contract granting use or occupation of property during a specified time for a specified payment
noun the period of time during which a contract conveying property to a person is in effect
term of a contract.
verb let for money
- We rented our apartment to friends while we were abroad
verb hold under a lease or rental agreement; of goods and services
hire; rent; charter.
verb grant use or occupation of under a term of contract
- I am leasing my country estate to some foreigners
verb engage for service under a term of contract
hire; engage; charter; take; rent.
- We took an apartment on a quiet street
- Let's rent a car
- Shall we take a guide in Rome?
Lease intransitive verb
To gather what harvesters have left behind; to glean.Obs. Dryden.
Lease transitive verb
To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner; -- sometimes with out. leasesa farm to a tenant
There were some [houses] that were leased out for three lives. Addison.
To hold under a lease; to take lease of; as, a tenant. leaseshis land from the owner
A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
The contract for such letting.
Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.
Our high-placed Macbeth Shall live the lease of nature. Shak.
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