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  1. Dictionary
    lease
    /liːs/

    noun

    • 1. a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment: "a six-month lease on a shop"

    verb

    • 1. grant (property) on lease; let: "she leased the site to a local company" Similar rent outrenthirehire outOpposite sell

    More definitions, origin and scrabble points

  2. LEASE definition: 1. to make a legal agreement by which money is paid in order to use land, a building, a vehicle, or…. Learn more.

  3. The meaning of LEASE is a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent; also : the act of such conveyance or the term for which it is made.

  4. Apr 9, 2022 · A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and...

  5. Lease definition: 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..

  6. 1. a contract by which one party ( landlord, or lessor) gives to another ( tenant, or lessee) the use and possession of lands, buildings, property, etc. for a specified time and for fixed payments. 2. the period of time for which such a contract is in force. a two-year lease.

  7. lease meaning, definition, what is lease: a legal agreement which allows you to us...: Learn more.

  8. a legal agreement that allows you to use a building, a piece of equipment or some land for a period of time, usually in return for rent. to take out a lease on a house. The lease expires/runs out next year. Under the terms of the lease, you have to pay maintenance charges. Wordfinder. Collocations Moving house. Extra Examples.

  9. verb [ T ] uk / liːs / us. to use a building or piece of land, or to allow someone to use a building or piece of land, in exchange for money: We want to lease some office space in the centre of town. They leased the land to a local company.

  10. lease - An agreement where the property owner gives another party exclusive rights to use their property for a predetermined amount of rent and time period.

  11. May 31, 2022 · Definition. A lease is a contract between two parties that outlines the terms for renting a property. Learn how a lease works and how it will impact your finances.