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lease definition

lease (lēs)

noun

  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
  3. the property that is leased

Etymology: ME leas < Anglo-Fr les < OFr lais < laissier: see leash

transitive verb leased, leasing leas′·ing

  1. to give by a lease; let
  2. to get by a lease; take a lease on

Etymology: Anglo-Fr lesser < OFr laissier

Related Forms:

lease Idioms

new lease on life

another chance to lead a happy life, be successful, etc. because of a new turn of events
also Brit.new lease of life

Webster's New World College Dictionary Copyright © 2005 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Alternate definitions:

business lease definition - business

finance lease definition - finance

idioms lease idiom

law lease definition - legal

lease Synonyms

lease

n.

rental agreement, permission to rent, charter; see contract, record 1.

new lease on life

another chance, new perspective, new outlook, opportunity; see change 2.


lease

v.

let, charter, hire, rent out; see rent 1. See syn. study at hire.


Webster's New World Roget's A-Z Thesaurus Copyright © 1999 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

lease Usage Examples

Converse of object

  • renew: At the time of the Inquiry, the trustees were on the point of renewing the lease with their new landlord.

Adjective modifier

  • 99-year: The Trust occupies this land under a 99-year lease.

Modifies a noun

  • renewal: Written expert's reports for Court and PACT for lease renewal cases.

Noun used with modifier

  • 99-year: Builders who took 99-year leases included James Nicoll from Marylebone and William Selby from Hanover Square ( Westm.

Preposition: in

  • reversion: Desires a lease in reversion of lands in the manor of Kingsland, of which he is tenant.

Preposition: of

  • tenement: The lease of tenement and rent was for Stephen's life plus 4 years, paying £ 2. 0s.
lease usage examples (more)

The word usage examples above have been gathered from various sources to reflect current and historical usage. They do not represent the opinions of YourDictionary.com.

lease quotes

Nous voulons tous louer a'   l'anne¤  e et nous ne pouvons jamais louer que pour une semaine ou pour unjour. C'est l'image de la vie. Wewould all liketo leaseforayearand we canonly lease for a week or from day to day. That is the image of life.

-Anouilh,Jean

   I rent everything, other than the gift of life itself, which wasgiven to me without any predictable lease, a gift that can be withdrawn at any time.

-Kosinski,Jerzy Nikodem

lease quotes (more)

Webster's New World Dictionary of Quotations Copyright © 2005 by Chambers Harrap Publishers Ltd. All rights reserved. Published by Wiley, Hoboken, NJ. Used by arrangement with John Wiley & Sons, Inc.

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MLA Style

"lease." Webster's New World College Dictionary. 2009

  • Your Dictionary. 3 July 2009
  • <www.yourdictionary.com/lease>

APA Style

lease. (2009). In Webster's New World College Dictionary

  • Retrieved July 3rd, 2009, from www.yourdictionary.com/lease

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