lease
lease (lēs)
noun
- 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
- the period of time for which such a contract is in force a two-year lease
- the property that is leased
Etymology: ME leas < Anglo-Fr les < OFr lais < laissier: see leash
transitive verb leased, leas′·ing
- to give by a lease; let
- to get by a lease; take a lease on
Etymology: Anglo-Fr lesser < OFr laissier
new lease on life
another chance to lead a happy life, be successful, etc. because of a new turn of events
n
gross lease
month-to-month lease
net lease
parol lease
percentage lease
sublease
Converse of object
- renew: At the time of the Inquiry, the trustees were on the point of renewing the lease with their new landlord.
- ensure: Lease Term The property will be made available on a new full repairing and insuring lease for a term to be agreed by negotiation.
- forfeit: Again according to Broadyard Associates and Mr Borrell on 29th April 1998 they peaceably re-entered the premises and forfeited the lease.
- surrender: The tenant agrees to surrender this lease in return for a new fifteen year lease at £ 150,000 per annum.
- grant: The committee will usually occupy under a lease granted by the Diocese.
- negotiate: The company also negotiated a lease on the Hoverport facility.
Adjective modifier
- 99-year: The Trust occupies this land under a 99-year lease.
- 15-year: The 15-year lease for 48 car parking spaces is being let at a rent of £ 50,000 per annum.
- 21-year: For example, a tenant is granted a 21-year lease at a rack rent of £ 200,000 plus VAT per annum.
- 20-year: T & S Stores will be taking a 20-year lease.
- reversionary: This provision is new, and is designed to avoid a conveyancing trap that such reversionary leases may create.
- five-year: At Albion Park, Pudsey Electrical has taken 1,272 sq ft on a new five-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.
- finance: At present the CPS does not have any finance leases.
- mining: Undertaking by the Ministry to grant mining leases, etc. 14.
- operating: Short term or operating leases - Equipment can also be leased for shorter periods of time.
Preposition: in
- reversion: Desires a lease in reversion of lands in the manor of Kingsland, of which he is tenant.
Preposition: of
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.
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.
Browse dictionary entries near lease
- leary
- learning-disabled
- learning disability
- learning curve
- learning
- learner
- learned treatise
- learned
- learn
- Lear
