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sublet

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(sub let′, sub′let′)

transitive verb sublet, subletting

to let to another (property which one is renting)
to let out (work) to a subcontractor

See sublet in American Heritage Dictionary 4

transitive verb sub·let, sub·let·ting, sub·lets

To rent (property one holds by lease) to another.
To subcontract (work).

noun (sŭbˈlĕtˌ)

Property, especially an apartment, rented by a tenant to another party.

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