Lease - definition, pronunciation, transcription
noun
- a contract granting use or occupation of property during a specified time for a specified payment
- the period of time during which a contract conveying property to a person is in effect
verb
- hold under a lease or rental agreement; of goods and services (syn: charter, hire, rent)
- grant use or occupation of under a term of contract (syn: let, rent)
- engage for service under a term of contract (syn: charter, engage, hire, rent, take)
Extra examples
They took out a five-year lease on the house.
We hold leases on both of our cars.
She leases a red convertible.
I have leased this house for the last four years.
We leased the house to a young married couple.
He has a flat on a long lease.
Cars could be leased at a reasonable rate per month.
They leased the building as a warehouse.
They took out a lease on a seven-acre field.
The landlord refused to renew his lease.
The 99-year lease expired in 1999.
Do you understand all the terms of the lease?
I'm interested in leasing your cottage.
They lease the site from the council.
The building was leased to a health club.
Word forms
I/you/we/they: lease
he/she/it: leases
present participle: leasing
past tense: leased
past participle: leased
singular: lease
plural: leases
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