lease

1 of 2

noun

ˈlēs

: a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent

took out a five-year lease on the house

also : the act of such conveyance or the term for which it is made

: a piece of land or property that is leased

: a continuance or opportunity for continuance

a new lease on life

lease

2 of 2

verb

leased; leasing

transitive verb

: to grant by lease

: to hold under a lease

leasable

ˈlē-sə-bəl How to pronounce lease (audio)

adjective

Example Sentences

Noun They took out a five-year lease on the house. We hold leases on both of our cars. Verb She leases a red convertible. I have leased this house for the last four years. We leased the house to a young married couple.

Recent Examples on the Web

Noun

The move concludes what had been the federal government’s largest oil-and-gas lease offering in history, resolving nearly a year of conflict, after the sale originally happened last November and triggered months of court and political wrangling.

Timothy Puko, WSJ, 14 Sep. 2022 Homeowners do not own their lots and pay a monthly land lease fee, neighborhood association dues as well as property taxes.

Seema Mehta, Los Angeles Times, 13 Sep. 2022 Low availability is pushing lease rates for apartments with rent up 12% when compared to last year.

John Magsam, Arkansas Online, 13 Sep. 2022 The city and the team will have, once an exclusive negotiating agreement is signed, around two years to hammer out lease and development terms.

Jennifer Van Grove, San Diego Union-Tribune, 13 Sep. 2022 The plan was for a 24,000-square-foot full-service grocery store, filling the looming grocery gap in South Madison as the nearby Pick N’ Save’s lease is set to expire.

Lauryn Azu And Joe States, Journal Sentinel, 13 Sep. 2022 Airlines help pay for airport projects through lease payments and landing fees.

Kelly Yamanouchi, ajc, 8 Sep. 2022 Cineworld had built up $4.8 billion in net debt, not including lease liabilities.

Michelle Chapman, Fortune, 7 Sep. 2022 The next year, lease negotiations between the Saters and T.T.

Catherine Carlock, BostonGlobe.com, 7 Sep. 2022

Verb

Giving the 80 or so business owners who lease space inside the 308 S. Mclean Blvd.

Gloria Casas, Chicago Tribune, 11 Aug. 2022 The University of Colorado study found that at least five other Lower Basin tribes either actively lease water or have the authority to market water.

AZCentral.com, 8 Aug. 2022 The deal ends a yearslong struggle over whether the Republican broke state law by using campaign funds to buy a house, lease luxury cars and join a private club.

Jeff Amy, ajc, 12 May 2022 Another sign of change is a decision by Victoria’s Secret to lease and build out an open-office space in New York City, meant to encourage openness and debate among employees.

Khadeeja Safdar, WSJ, 13 Aug. 2022 Hickok is quoted in the lawsuit as pointing out that Borrego Health’s billing and lease agreements with companies owned by Priest were improperly secretive and way too expensive.

Jeff Mcdonald, San Diego Union-Tribune, 6 Aug. 2022 Biden has laid out a goal of deploying 30 gigawatts of offshore wind power by 2030, with auctions of territory near California expected later this year, and, ultimately, lease sales on almost every U.S. coast.

Josh Wingrove, Fortune, 20 July 2022 Frontier owns the physical fiber infrastructure that spans across vast parts of the state but Verizon and other carriers lease the technology to provide their service to thousands of customers.

Lacey Latch, The Arizona Republic, 8 July 2022 Global will also lease a section of the property on the west side of Route 1A, including a dock on Chelsea Creek; there are no immediate plans to redevelop the waterfront part of the site.

BostonGlobe.com, 30 June 2022 See More

Legal Definition

lease 1 of 2

noun

ˈlēs

: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment of it for a specified rent and a specified term after which the property reverts to the owner

also : the act of such conveyance or the term for which it is made see also sublease compare easement, license, security interest at interest sense 1, tenancy

Note: Article 2A of the Uniform Commercial Code, which governs leases where adopted, defines lease as “a transfer of the right to possession and use of goods for a term in return for consideration.”

— building lease

: ground lease in this entry

— consumer lease

: a lease made by a lessor regularly engaged in the selling or leasing of a product to a lessee who is leasing the product primarily for his or her personal or household use

— finance lease

: a lease in which the lessor acquires goods from a supplier in accordance with the specifications of the lessee

Note: Under section 2A-103 of the Uniform Commercial Code, before the lessor signs the lease or the lease becomes effective, the lessee must receive a copy of or approve of the contract by which the goods were acquired or must receive a statement of terms (as warranties, disclaimers, and liquidated damages) relating to the contract or notification of where such information can be obtained.

— ground lease

: a lease of land usually for a long term in consideration of the payment of rent and with the agreement that the lessee build or improve a structure on the land

called also building lease

— mineral lease

: a lease granting the right to work a mine and extract the minerals or other valuable deposits from it under prescribed conditions (as of time, price, or royalties)

called also mining lease

— net lease

: a lease requiring the lessee to assume all operation expenses (as for maintenance, insurance, and taxes) in addition to the payment of rent

— operating lease

: a lease of property and especially equipment for a term which is shorter than the property's useful life and in which the lessor is responsible for certain expenses (as taxes)

— perpetual lease \\ pər-ˈpe-chu̇-wəl- \\

: a lease renewable forever at the lessee's option

— proprietary lease

: a lease used to convey to a member of a cooperative the exclusive possession of a residential unit

— true lease

: a lease that resembles a security agreement but retains the attributes of a lease

: property and especially real property that is leased

in the civil law of Louisiana : a contract by which a person provides labor or services for a price

lease

2 of 2

verb

leased; leasing

transitive verb

: to grant by lease to another

leases mopeds to tourists

: to hold under a lease

a company leasing a fleet of cars for its executives

intransitive verb

: to be under a lease or subject to a lease

the vacation house leases for $500 a week

: to grant property by a lease

have leased to students in the past

lease 1 of 2

noun

as in property

Synonyms & Similar Words

Relevance

property
tract
development
plot
parcel
frontage
plat
real estate
lot
patch

lease

2 of 2

verb

as in to rent

to give the possession and use of (something) in return for periodic payment the landlord was willing to lease the apartment for less than we had expected

Synonyms & Similar Words

rent
sublease
sublet
charter
hire
let
lodge
engage
rack-rent

as in to hire

to take or get the temporary use of (something) for a set sum I couldn't afford to buy a car outright, so I decided to lease one instead

Synonyms & Similar Words

rent
hire
charter
sublease
sublet
engage
check out
book
reserve
order
sign up (for)
contract (for)
arrange (for)
bespeak

Synonym Chooser

Some common synonyms of lease are charter, hire, let, and rent. While all these words mean "to engage or grant for use at a price," lease strictly implies a letting under the terms of a contract but is often applied to hiring on a lease.

the diplomat leased an apartment for a year

In some situations, the words charter and lease are roughly equivalent. However, charter applies to the hiring or letting of a vehicle usually for exclusive use.

charter a bus to go to the game

Both hire and let, strictly speaking, are complementary terms, hire implying the act of engaging or taking for use and let the granting of use.

we hired a car for the summer

decided to let the cottage to a young couple

Although the words rent and lease have much in common, rent stresses the payment of money for the full use of property and may imply either hiring or letting.

instead of buying a house, they decided to rent

will not rent to families with children

单词	lease
释义	lease 1 of 2 noun ˈlēs 1 : a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent took out a five-year lease on the house also : the act of such conveyance or the term for which it is made 2 : a piece of land or property that is leased 3 : a continuance or opportunity for continuance a new lease on life lease 2 of 2 verb leased; leasing transitive verb 1 : to grant by lease 2 : to hold under a lease leasable ˈlē-sə-bəl adjective Synonyms Verb let [chiefly British] rent See all Synonyms & Antonyms Example Sentences Noun They took out a five-year lease on the house. We hold leases on both of our cars. Verb She leases a red convertible. I have leased this house for the last four years. We leased the house to a young married couple. Recent Examples on the Web Noun The move concludes what had been the federal government’s largest oil-and-gas lease offering in history, resolving nearly a year of conflict, after the sale originally happened last November and triggered months of court and political wrangling. Timothy Puko, WSJ, 14 Sep. 2022 Homeowners do not own their lots and pay a monthly land lease fee, neighborhood association dues as well as property taxes. Seema Mehta, Los Angeles Times, 13 Sep. 2022 Low availability is pushing lease rates for apartments with rent up 12% when compared to last year. John Magsam, Arkansas Online, 13 Sep. 2022 The city and the team will have, once an exclusive negotiating agreement is signed, around two years to hammer out lease and development terms. Jennifer Van Grove, San Diego Union-Tribune, 13 Sep. 2022 The plan was for a 24,000-square-foot full-service grocery store, filling the looming grocery gap in South Madison as the nearby Pick N’ Save’s lease is set to expire. Lauryn Azu And Joe States, Journal Sentinel, 13 Sep. 2022 Airlines help pay for airport projects through lease payments and landing fees. Kelly Yamanouchi, ajc, 8 Sep. 2022 Cineworld had built up $4.8 billion in net debt, not including lease liabilities. Michelle Chapman, Fortune, 7 Sep. 2022 The next year, lease negotiations between the Saters and T.T. Catherine Carlock, BostonGlobe.com, 7 Sep. 2022 Verb Giving the 80 or so business owners who lease space inside the 308 S. Mclean Blvd. Gloria Casas, Chicago Tribune, 11 Aug. 2022 The University of Colorado study found that at least five other Lower Basin tribes either actively lease water or have the authority to market water. AZCentral.com, 8 Aug. 2022 The deal ends a yearslong struggle over whether the Republican broke state law by using campaign funds to buy a house, lease luxury cars and join a private club. Jeff Amy, ajc, 12 May 2022 Another sign of change is a decision by Victoria’s Secret to lease and build out an open-office space in New York City, meant to encourage openness and debate among employees. Khadeeja Safdar, WSJ, 13 Aug. 2022 Hickok is quoted in the lawsuit as pointing out that Borrego Health’s billing and lease agreements with companies owned by Priest were improperly secretive and way too expensive. Jeff Mcdonald, San Diego Union-Tribune, 6 Aug. 2022 Biden has laid out a goal of deploying 30 gigawatts of offshore wind power by 2030, with auctions of territory near California expected later this year, and, ultimately, lease sales on almost every U.S. coast. Josh Wingrove, Fortune, 20 July 2022 Frontier owns the physical fiber infrastructure that spans across vast parts of the state but Verizon and other carriers lease the technology to provide their service to thousands of customers. Lacey Latch, The Arizona Republic, 8 July 2022 Global will also lease a section of the property on the west side of Route 1A, including a dock on Chelsea Creek; there are no immediate plans to redevelop the waterfront part of the site. BostonGlobe.com, 30 June 2022 See More Word History Etymology Noun Middle English les, from Anglo-French, from lesser Verb Anglo-French lesser, laisser, lescher to leave, hand over, lease, from Latin laxare to loosen, from laxus slack — more at slack First Known Use Noun 14th century, in the meaning defined at sense 1 Verb circa 1570, in the meaning defined at sense 1 Phrases Containing lease a new lease on life lend-lease re-lease a new lease on life lend-lease re-lease Kids Definition lease 1 of 2 noun ˈlēs 1 : an agreement by which a person exchanges property (as a car or house) for a period of time in return for payment or services 2 : a piece of property that is leased lease 2 of 2 verb leased; leasing : to give or get the use of (property) in return for payment or services Legal Definition lease 1 of 2 noun ˈlēs 1 a : a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment of it for a specified rent and a specified term after which the property reverts to the owner also : the act of such conveyance or the term for which it is made see also sublease compare easement, license, security interest at interest sense 1, tenancy Note: Article 2A of the Uniform Commercial Code, which governs leases where adopted, defines lease as “a transfer of the right to possession and use of goods for a term in return for consideration.” — building lease : ground lease in this entry — consumer lease : a lease made by a lessor regularly engaged in the selling or leasing of a product to a lessee who is leasing the product primarily for his or her personal or household use — finance lease : a lease in which the lessor acquires goods from a supplier in accordance with the specifications of the lessee Note: Under section 2A-103 of the Uniform Commercial Code, before the lessor signs the lease or the lease becomes effective, the lessee must receive a copy of or approve of the contract by which the goods were acquired or must receive a statement of terms (as warranties, disclaimers, and liquidated damages) relating to the contract or notification of where such information can be obtained. — ground lease : a lease of land usually for a long term in consideration of the payment of rent and with the agreement that the lessee build or improve a structure on the land called also building lease — mineral lease : a lease granting the right to work a mine and extract the minerals or other valuable deposits from it under prescribed conditions (as of time, price, or royalties) called also mining lease — net lease : a lease requiring the lessee to assume all operation expenses (as for maintenance, insurance, and taxes) in addition to the payment of rent — operating lease : a lease of property and especially equipment for a term which is shorter than the property's useful life and in which the lessor is responsible for certain expenses (as taxes) — perpetual lease \\ pər-ˈpe-chu̇-wəl- \\ : a lease renewable forever at the lessee's option — proprietary lease : a lease used to convey to a member of a cooperative the exclusive possession of a residential unit — true lease : a lease that resembles a security agreement but retains the attributes of a lease b : property and especially real property that is leased 2 in the civil law of Louisiana : a contract by which a person provides labor or services for a price lease 2 of 2 verb leased; leasing transitive verb 1 : to grant by lease to another leases mopeds to tourists 2 : to hold under a lease a company leasing a fleet of cars for its executives intransitive verb 1 : to be under a lease or subject to a lease the vacation house leases for $500 a week 2 : to grant property by a lease have leased to students in the past History and Etymology for lease Noun Anglo-French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack lease 1 of 2 noun as in property Synonyms & Similar Words Relevance property tract development plot parcel frontage plat real estate lot patch lease 2 of 2 verb 1 as in to rent to give the possession and use of (something) in return for periodic payment the landlord was willing to lease the apartment for less than we had expected Synonyms & Similar Words rent sublease sublet charter hire let lodge engage rack-rent 2 as in to hire to take or get the temporary use of (something) for a set sum I couldn't afford to buy a car outright, so I decided to lease one instead Synonyms & Similar Words rent hire charter sublease sublet engage check out book reserve order sign up (for) contract (for) arrange (for) bespeak Synonym Chooser Some common synonyms of lease are charter, hire, let, and rent. While all these words mean "to engage or grant for use at a price," lease strictly implies a letting under the terms of a contract but is often applied to hiring on a lease. the diplomat leased an apartment for a year In some situations, the words charter and lease are roughly equivalent. However, charter applies to the hiring or letting of a vehicle usually for exclusive use. charter a bus to go to the game Both hire and let, strictly speaking, are complementary terms, hire implying the act of engaging or taking for use and let the granting of use. we hired a car for the summer decided to let the cottage to a young couple Although the words rent and lease have much in common, rent stresses the payment of money for the full use of property and may imply either hiring or letting. instead of buying a house, they decided to rent will not rent to families with children
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lease

noun

verb

Synonyms

Example Sentences

Word History

Phrases Containing lease

Kids Definition

noun

verb

Legal Definition

noun

verb

noun

verb

Synonym Chooser