lease

²lease

verb

leasedleas·ing

Definition of LEASE

transitive verb

1

: to grant by lease

2

: to hold under a lease

— leas·able \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

Related to LEASE

Synonyms: rent, let [chiefly British]

Related Words: charter, engage, hire; lodge; sublease, sublet; rack-rent

see all synonyms and antonyms

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See Synonym Discussion at hire

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite