lease

IPA: ɫˈis

noun

  • (formal, law) An interest in land granting exclusive use or occupation of real estate for a limited period; a leasehold.
  • An interest granting exclusive use of any thing, such as a car or boat.
  • The contract or deed under which such an interest is granted.
  • The document containing such a contract or deed.
  • The period of such an interest.
  • An open pasture or common.
  • The place at which the warp-threads cross on a loom.
  • A surname.

verb

  • (transitive, formal, law) To grant a lease as a landlord; to let.
  • (transitive, informal) To hold a lease as a tenant.
  • (transitive) To gather.
  • (transitive) To pick, select, pick out; to pick up.
  • (transitive) To glean.
  • (intransitive) To glean, gather up leavings.
  • (transitive, intransitive, UK dialectal) To tell lies; tell lies about; slander; calumniate.
  • (transitive, UK dialectal) To release; let go; unloose.
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Examples of "lease" in Sentences

  • The lease expires.
  • The Company sold the leases to the highest bidders.
  • The lease expired and they were obligated to leave.
  • The lease agreement ties the arena to the ownership.
  • After the quarantine station closed the island was leased.
  • Bill however is completely unconcerned and signs the lease.
  • Bimbo however is completely unconcerned and signs the lease.
  • The consideration for the lease is called rent or the rental.
  • At the end of the lease, the arena ownership reverts to the city.
  • In the 1970s, it was decided to lease the land to the rear of the church.

Related Links

synonyms for leasedescribing words for lease
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