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lease - Dictionary definition and meaning for lease

LEASE

(noun) a contract granting use or occupation of property during a specified time for a specified payment
(noun) property that is leased or rented out or let
synonyms : letting , rental
(noun) the period of time during which a contract conveying property to a person is in effect
synonyms : term of a contract
(verb) engage for service under a term of contract
"We took an apartment on a quiet street", "Let's rent a car", "Shall we take a guide in Rome?"
synonyms : charter , engage , hire , rent , take
(verb) grant use or occupation of under a term of contract
"I am leasing my country estate to some foreigners"
synonyms : let , rent
(verb) let for money
"We rented our apartment to friends while we were abroad"
synonyms : rent
(verb) hold under a lease or rental agreement; of goods and services
synonyms : charter , hire , rent

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