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.
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