Definition of lease in English:
A contract by which one party conveys land, property, services, etc., to another for a specified time, usually in return for a periodic payment.
- Read the lease to find out what's been specified in your case and check out rental laws in your area.
- Also, they should know for how long the lease should be and how much they want to pay a month.
- If you're trading in a car, make sure the dealer applies the trade-in value to the price your lease is based on.
verb[with object] Back to top
1Grant (property) on lease; let: she leased the site to a local company
More example sentences
- The land was leased out for the construction of the hotel in 1970.
- Many absentee lords leased out their personal lands and the right to collect dues to rich tenant farmers.
- They could lease out the land to their family or someone else, or cultivate it cooperatively with other women.
1.1Take (property) on lease; rent: land was leased from the city
More example sentences
- The area was first leased from the local community in 1941 by a Dutch investor, who planted coffee.
- The van is leased from City of York Council, which is in partnership with the association and is committed to using clean fuel.
- Police said the unit is leased from a private landlord who lives outside the area and is currently liaising with officers.
a new lease on life
- A substantially improved chance to lead a happy or successful life.Example sentences
- A University of Leicester study could help to provide a new lease of life for patients who have suffered a stroke.
- New audio drama and old-time radio dramas find a new lease of life on the Internet.
- The Committee has been re-formed and given a new lease on life following more than two years of inactivity.
- Example sentences
- We hope that our leasable call center will become one of the most helpful customer service tools for enterprises.
- As used herein, gross leasable square footage includes interior alterations and modifications that increase the leasable square footage of the building.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan