Lease (noun) Definition, Meaning & Examples

noun
  1. a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation.
  2. the property leased.
  3. the period of time for which a lease is made: a five-year lease.
verb (used with object), leased, leas·ing.
  1. to grant the temporary possession or use of (lands, tenements, etc.) to another, usually for compensation at a fixed rate; let: She plans to lease her apartment to a friend.
  2. to take or hold by lease: He leased the farm from the sheriff.
verb (used without object), leased, leas·ing.
  1. to grant a lease; let or rent: to lease at a lower rental.
Idioms
  1. a chance to improve one's situation or to live longer or more happily: Plastic surgery gave him a new lease on life.
noun Textiles.
  1. a system for keeping the warp in position and under control by alternately crossing the warp yarn over and under the lease rods.
  2. the order of drawing in the warp ends.
noun
  1. a contract by which property is conveyed to a person for a specified period, usually for rent
  2. the instrument by which such property is conveyed
  3. the period of time for which it is conveyed
  4. a prospect of renewed health, happiness, etc
verb (tr)
  1. to grant possession of (land, buildings, etc) by lease
  2. to take a lease of (property); hold under a lease
noun
  1. open pasture or common
Lease (noun) Definition, Meaning & Examples

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