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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. 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.

  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.oxfordlearnersdictionaries.com › definition › englishlease noun - Definition, pictures, pronunciation and usage notes...

    noun. /liːs/ Idioms. 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. dictionary.cambridge.org › us › dictionaryLEASE | definition in the Cambridge Learner’s Dictionary

    lease. 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. dictionary.justia.com › leaselease Definition, Meaning & Usage | Justia Legal Dictionary

    An agreement in which an individual provides services or labor in exchange for a certain payment. The act of providing a contract to another party allowing them to use a property for a certain amount of time and for a set amount of rent.

  11. www.thebalancemoney.com › what-is-a-lease-5190370What Is a Lease? - The Balance

    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.