Quantcast
Merriam-Webster Logo
  • Dictionary
  • Thesaurus
  • Medical
  • Scrabble
  • Spanish Central
  • Learner's Dictionary
1

lease

play
noun \ˈlēs\

Simple Definition of lease

  • : a legal agreement that lets someone use a car, house, etc., for a period of time in return for payment

Full Definition of lease

  1. 1 :  a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent; also :  the act of such conveyance or the term for which it is made

  2. 2 :  a piece of land or property that is leased

  3. 3 :  a continuance or opportunity for continuance <a new lease on life>

Examples of lease

  1. They took out a five-year lease on the house.

  2. We hold leases on both of our cars.



Origin of lease

Middle English les, from Anglo-French, from lesser


First Known Use: 14th century

Rhymes with lease


2

lease

verb

Simple Definition of lease

  • : to use (something) for a period of time in return for payment

  • : to allow someone to use (something) for a period of time in return for payment

Full Definition of lease

leasedleas·ing

  1. transitive verb
  2. 1 :  to grant by lease

  3. 2 :  to hold under a lease

leas·able play \ˈlē-sə-bəl\ adjective

Examples of lease

  1. She leases a red convertible.

  2. I have leased this house for the last four years.

  3. We leased the house to a young married couple.



Origin of lease

Anglo-French lesser, laisser, lescher to leave, hand over, lease, from Latin laxare to loosen, from laxus slack — more at slack


First Known Use: circa 1570

Synonym Discussion of lease

hire, let, lease, rent, charter mean to engage or grant for use at a price. 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>. 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>. 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>. charter applies to the hiring or letting of a vehicle usually for exclusive use <charter a bus to go to the game>.


LEASE Defined for Kids

1

lease

play
noun \ˈlēs\

Definition of lease

  1. 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. 2 :  a piece of property that is leased




2

lease

play
verb

Definition of lease

leasedleas·ing

  1. :  to give or get the use of (property) in return for payment or services





Seen and Heard

What made you want to look up lease? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

February 9, 2016

marked by high spirits and laughter

Get Word of the Day daily email!

WORD GAMES

Take a 3-minute break and test your skills!

image1037863653

Which of the following refers to thin, bending ice, or to the act of running over such ice?

pince-nez duvet kittly-benders spindrift
Name That Thing

10 quick questions: hear them, spell them, and see how your skills compare to the crowd.

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ