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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

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  2. dictionary.cambridge.org › dictionary › englishLEASE | English meaning - Cambridge Dictionary

    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. www.investopedia.com › terms › lLease Definition and Complete Guide to Renting - Investopedia

    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...

  4. www.merriam-webster.com › dictionary › leaseLease Definition & Meaning - Merriam-Webster

    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. How to use lease in a sentence. Synonym Discussion of Lease.

  5. legaldictionary.net › lease-agreementLease Agreement - Definition, Examples, Cases, Processes

    Dec 21, 2015 · A lease agreement is a legal contract designed to protect both the person leasing the asset (“lessee”) and the owner of the asset (“lessor”). To explore this concept, consider the following lease agreement definition.

  6. en.wikipedia.org › wiki › LeaseLease - Wikipedia

    A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [1] . Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased.

  7. www.dictionary.com › browse › leaseLEASE Definition & Meaning | Dictionary.com

    noun. a contract by which property is conveyed to a person for a specified period, usually for rent. the instrument by which such property is conveyed. the period of time for which it is conveyed. a prospect of renewed health, happiness, etc. a new lease of life.

  8. www.collinsdictionary.com › dictionary › englishLEASE definition and meaning | Collins English Dictionary

    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.