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Meaning of LEASE

Pronunciation:  lees

WordNet Dictionary
  1. [n]  a contract granting use or occupation of property during a specified time for a specified payment
  2. [n]  property that is leased or rented out or let
  3. [n]  the period of time during which a contract conveying property to a person is in effect
  4. [v]  engage for service under a term of contract; "We took an apartment on a quiet street"; "Let's rent a car"; "Shall we take a guide in Rome?"
  5. [v]  grant use or occupation of under a term of contract; "I am leasing my country estate to some foreigners"
  6. [v]  let for money; of housing
  7. [v]  hold under a lease or rental agreement; of goods and services

LEASE is a 5 letter word that starts with L.


 Synonyms: charter, charter, engage, hire, hire, let, letting, rent, rent, rental, take, term of a contract
 See Also: acquire, belongings, car rental, contract, contract, farm out, get, give, hire car, hire out, holding, material possession, period, period of time, property, rent out, rent-a-car, self-drive, sublease, sublease, sublet, sublet, time period, u-drive, undertake, you-drive



Webster's 1913 Dictionary
  1. \Lease\, v. i. [AS. lesan to gather; akin to D. lezen to
    gather, read, G. lesen, Goth. lisan to gather; cf. Lith lesti
    to peck.]
    To gather what harvesters have left behind; to glean. [Obs.]
  2. \Lease\, v. t. [imp. & p. p. {Leased}; p. pr. & vb. n.
    {Leasing}.] [F. laisser, OF. laissier, lessier, to leave,
    transmit, L. laxare to loose, slacken, from laxus loose,
    wide. See {Lax}, and cf. {Lesser}.]
    1. To grant to another by lease the possession of, as of
       lands, tenements, and hereditaments; to let; to demise;
       as, a landowner leases a farm to a tenant; -- sometimes
       with out.
             There were some [houses] that were leased out for
             three lives.                          --Addison.
    2. To hold under a lease; to take lease of; as, a tenant
       leases his land from the owner.
  3. \Lease\, n. [Cf. OF. lais. See {Lease}, v. t.]
    1. A demise or letting of lands, tenements, or hereditaments
       to another for life, for a term of years, or at will, or
       for any less interest than that which the lessor has in
       the property, usually for a specified rent or
    2. The contract for such letting.
    3. Any tenure by grant or permission; the time for which such
       a tenure holds good; allotted time.
             Our high-placed Macbeth Shall live the lease of
             nature.                               --Shak.
    {Lease and release} a mode of conveyance of freehold estates,
       formerly common in England and in New York. its place is
       now supplied by a simple deed of grant. --Burrill.
       --Warren's Blackstone.
Thesaurus Terms
 Related Terms: adverse possession, alodium, bareboat charter, burgage, charter, claim, colony, copyhold, de facto, de jure, dependency, derivative title, equitable estate, estate at sufferance, estate for life, estate for years, estate in expectancy, estate in fee, estate in possession, estate tail, farm, farm out, fee, fee fief, fee position, fee simple, fee simple absolute, fee simple conditional, fee simple defeasible, fee simple determinable, fee tail, feod, feodum, feud, feudal estate, fief, fiefdom, frankalmoign, free socage, freehold, gavelkind, having title to, hire, hire out, hiring, hold, holding, job, knight service, lay fee, lease out, lease-back, leasehold, lease-lend, legal claim, legal estate, legal possession, lend-lease, let, let off, let out, mandate, occupancy, occupation, original title, owning, paramount estate, particular estate, possessing, possession, preoccupancy, preoccupation, prepossession, prescription, property, property rights, proprietary rights, remainder, rent, rent out, rental, reversion, seisin, socage, squatting, sublease, sublet, subrent, tenancy, tenantry, tenure, tenure in chivalry, title, underlease, underlet, undertenancy, usucapion, vested estate, villein socage, villeinhold, villenage