lease
lease
lis
lis
British pronunciation
/liːs/

Definition & Meaning of "lease"in English

to lease
01

to allow someone to use or occupy property for a specified period of time in exchange for payment, as defined by a contract

Transitive: to lease one's property
to lease definition and meaning
example
Examples
The landlord agreed to lease the apartment to the young couple for one year.
02

to use a property, asset, or item in exchange for regular payments of money

Transitive: to lease a property
to lease definition and meaning
example
Examples
Companies may lease office space in commercial buildings to meet their business needs.
Lease
01

an agreement in which we agree to pay rent to use someone else's house, room, etc.

Wiki
lease definition and meaning
example
Examples
I 'm unsure about the lease's terms regarding noise after 10 pm
02

a property or piece of land that is rented for a specified time and price

lease definition and meaning
03

the period of time during which a contract conveying property to a person is in effect

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