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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.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.

  4. 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 of the property...

  5. 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.

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

    A lease is a legal contract, and thus enforceable by all parties under the contract law of the applicable jurisdiction. In the United States, since it also represents a conveyance of possessory rights to real estate, it is a hybrid sort of contract that involves qualities of a deed.