lease
noun
[ liːs ]
• a contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment.
• "a six-month lease on a shop"
Similar:
leasehold,
rental agreement,
hire agreement,
charter,
contract,
rental,
tenancy,
tenure,
booking,
period of occupancy,
period of occupation,
lease
verb
• grant (property) on lease; let.
• "she leased the site to a local company"
Similar:
rent out,
rent,
hire,
hire out,
sublet,
sublease,
farm out,
charge for the use of,
let,
let out,
Origin:
late Middle English: from Old French lais, leis, from lesser, laissier ‘let, leave’, from Latin laxare ‘make loose’, from laxus ‘loose, lax’.
