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Noun: lease  lees
  1. A contract granting use or occupation of property during a specified time for a specified payment
    "They signed a two-year lease on the apartment"
     
  2. The period of time during which a contract conveying property to a person is in effect
    "The lease was for two years"
     
  3. Property that is leased or rented out or let
    "The agency manages multiple leases";
    - rental, letting [Brit]
     
  4. A period of continued existence or new health, opportunities, etc.
    "The treatment gave him a lease on life"; "The policy changes gave the program a new lease"
Verb: lease  lees
  1. Grant use or occupation of under a term of contract
    "I am leasing my country estate to some foreigners";
    - let, rent
     
  2. Let for money
    "We leased our apartment to friends while we were abroad";
    - rent
     
  3. Hold under a lease or rental agreement; of goods and services
    "They leased office space in the new building";
    - rent, hire, charter
     
  4. Engage for service under a term of contract
    "Let's lease a car";
    - rent, hire, charter, engage, take

Derived forms: leases, leasing, leased

Type of: acquire, belongings, contract, get, give, holding, period, period of time, property, time period, time span, undertake

Encyclopedia: Lease