lease

Definition

• n. property that is leased or rented out or let
• n. a contract granting use or occupation of property during a specified time for a specified payment
• n. the period of time during which a contract conveying property to a person is in effect
• v. grant use or occupation of under a term of contract

Word forms

Past participle

leased

Present participle

leasing

Past tense

leased

Third person singular

leases

Example sentences

1. n.

   We signed a one-year lease for the apartment.

2. vt.

   They decided to lease the office space to a new startup.