Test your knowledge - and maybe learn something along the way.TAKE THE QUIZ
: 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 continuance or opportunity for continuance
a new lease on life
: to grant by lease
: to hold under a lease
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
NounEach lease is for an initial 10 years and subject to renewal or extension. —Becky Bohrer, ajc, 11 Mar. 2023 The lease was up and the owner wants to sell the building, Kirshenbaum says. —Sarah Blaskovich, Dallas News, 8 Mar. 2023 Hunter Biden also said the lease was under his company name Rosemont Seneca in a 2017 email exchange with the House of Sweden recovered from his laptop and confirmed by the Swedish government, according to the Washington Post. —Sudiksha Kochi, USA TODAY, 1 Mar. 2023 The lease with Folk School of Fayetteville is for $1 annually for two years. —Stacy Ryburn, Arkansas Online, 28 Feb. 2023 Its 15-year lease was the largest in the city’s history at the time. —Erin Griffith, New York Times, 25 Feb. 2023 The lease is for an initial seven-month term, with two one-year extension options. —San Diego Union-Tribune, 22 Feb. 2023 The lease is a welcome addition to a downtown where vacant office space is rising amid downsizings in the aftermath of the pandemic. —Staff, Hartford Courant, 5 Feb. 2023 However, the agency had declined to approve that deal because the ground lease was an unapproved management contract and therefore void. —Mark Maremont, WSJ, 7 Dec. 2022
VerbBut such restrictions do not apply to subsidized renters, giving landlords incentive to lease to them. —Dalton Bennett, Washington Post, 16 Feb. 2023 The Archdiocese would lease the property next to the church to the developer for the hotel, which would provide a financial benefit for the church, Archbishop Gustavo Garcia-Siller told the city in 2019. —Madison Iszler, San Antonio Express-News, 15 Feb. 2023 The family members – who purchased the Carrie Cerino’s property Dec. 9 for $500,000 under the company name MAHA Laxmi 8922 Inc. – plans to own and operate a party center there and lease the restaurant space to a restaurateur. —Bob Sandrick, cleveland, 30 Dec. 2022 The city owns the land and will lease it to the football club and to the housing development team, which includes Related Companies and Sterling Equities, which is partly controlled by by the Wilpon family, the former Mets owners. —Karen Matthews, Fortune, 16 Nov. 2022 Dubbed the Landlord Incentive Program, the initiative offers cash to property owners who agree to lease units to tenants who are transitioning out of homelessness. —Andrew Brinker, BostonGlobe.com, 10 Feb. 2023 Opponents of large solar installations frequently argue that solar farms will take away valuable food production when farmers decide to stop tilling and instead lease their land to a power company. —Karl Ebert, Journal Sentinel, 2 Feb. 2023 In 2021, Atlanta residents called in at least 17 hours of public comment as the City Council weighed whether to lease 85 acres of the forested land to the Atlanta Police Foundation for the training center. —Char Adams, NBC News, 26 Jan. 2023 The Downtown Development Authority, which owns the riverside park at the busy corner of Andrews Avenue and East Las Olas Boulevard, is scheduled to vote on a deal to lease the land to SRC at a Feb. 9 board meeting. —Ben Crandell, Sun Sentinel, 23 Jan. 2023 See More
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'lease.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Love words? Need even more definitions?Merriam-Webster unabridged
See Definitions and Examples »
Get Word of the Day daily email!
What Did You Just Call Me?
- Before we went to her house, Hannah told us her aunt was a flibbertigibbet.
Can you make 12 words with 7 letters?PLAY
Words at Play
Ask the Editors
Are You Feeling Lucky?
A charming quiz about fortunate and unfortunate w...
Take the quiz
Famous Novels, First Lines Quiz
Can you identify these novels by their famous fir...
Take the quiz
True or False?
Test your knowledge - and maybe learn something a...
Take the quiz
Spelling Bee Quiz
Can you outdo past winners of the National Spelli...
Take the quiz