What does lease mean?

Definitions for lease
lislease

This dictionary definitions page includes all the possible meanings, example usage and translations of the word lease.

Princeton's WordNet

  1. lease, rental, lettingnoun

    property that is leased or rented out or let

  2. leasenoun

    a contract granting use or occupation of property during a specified time for a specified payment

  3. lease, term of a contractverb

    the period of time during which a contract conveying property to a person is in effect

  4. rent, leaseverb

    let for money

    "We rented our apartment to friends while we were abroad"

  5. rent, hire, charter, leaseverb

    hold under a lease or rental agreement; of goods and services

  6. lease, let, rentverb

    grant use or occupation of under a term of contract

    "I am leasing my country estate to some foreigners"

  7. lease, rent, hire, charter, engage, takeverb

    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?"

Samuel Johnson's Dictionary

  1. LEASEnoun

    Etymology: laisser, French. Henry Spelman

    Why, cousin, wer’t thou regent of the world,
    It were a shame to let this land by lease. William Shakespeare.

    Lords of the world have but for life their lease,
    And that too, if the lessor please, must cease. John Denham.

    I have heard a man talk with contempt of bishops leases, as on a worse foot than the rest of his estate. Jonathan Swift.

    Our high-plac’d Macbeth
    Shall live the lease of nature. William Shakespeare, Macbeth.

    Thou to give the world increase,
    Short’ned hast thy own life’s lease. John Milton.

  2. To Leaseverb

    To let by lease.

    Etymology: from the noun.

    Where the vicar leases his glebe, the tenant must pay the great tithes to the rector or impropriator, and the small tithes to the vicar. John Ayliffe, Parergon.

  3. To Leaseverb

    To glean; to gather what the harvest men leave.

    Etymology: lesen, Dutch.

    She in harvest us’d to lease;
    But harvest done, to chare-work did aspire,
    Meat, drink, and two-pence, was her daily hire. Dryden.

Wikipedia

  1. Lease

    A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use.

ChatGPT

  1. lease

    A lease is a legal contract or agreement that allows one party, known as the lessee, to use and occupy a property owned by another party, known as the lessor, for a specified period of time in exchange for regular payments. The terms and conditions of the lease are outlined in the contract and usually include provisions regarding rent amount, length of lease period, responsibilities for repairs and maintenance, restrictions on use, etc. Leases are commonly used in property rental situations, such as apartments or business spaces, as well as for vehicles and equipment.

Webster Dictionary

  1. Leaseverb

    to gather what harvesters have left behind; to glean

  2. Leaseverb

    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

  3. Leaseverb

    to hold under a lease; to take lease of; as, a tenant leases his land from the owner

  4. Leaseverb

    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 compensation

  5. Leaseverb

    the contract for such letting

  6. Leaseverb

    any tenure by grant or permission; the time for which such a tenure holds good; allotted time

  7. Etymology: [F. laisser, OF. laissier, lessier, to leave, transmit, L. laxare to loose, slacken, from laxus loose, wide. See Lax, and cf. Lesser.]

Wikidata

  1. Lease

    A lease is a contractual arrangement calling for the lessee to pay the lessor for use of an asset. The narrower term rental agreement can be used to describe a lease in which the asset is tangible property. Language used is that the user rents the land or goods let or rented out by the owner. The verb to lease is less precise as it can refer to either of these actions. Examples of a lease for intangible property are use of a computer program, or use of a radio frequency. The term rental agreement is also sometimes used to describe a periodic lease agreement internationally and in some regions of the United States.

Chambers 20th Century Dictionary

  1. Lease

    lēs, n. a contract letting a house, farm, &c. for a term of years: the duration or term of tenure: any tenure.—v.t. to let for a term of years:—pr.p. leas′ing; pa.t. and pa.p. leased.—adjs. Leas′able; Lease′hold, held by lease or contract.—n. a tenure held by lease.—ns. Lease′holder; Leas′er, one who leases. [Fr. laisser, to leave—L. laxāre, to loose, laxus, loose.]

  2. Lease

    lēz, v.i. (prov.) to glean.—n. Leas′ing, gleaning. [A.S. lesan, to gather.]

  3. Lease

    lēs, n. in weaving, the plane in which the warp-threads cross: this system of crossing.

Surnames Frequency by Census Records

  1. LEASE

    According to the U.S. Census Bureau, Lease is ranked #8473 in terms of the most common surnames in America.

    The Lease surname appeared 3,896 times in the 2010 census and if you were to sample 100,000 people in the United States, approximately 1 would have the surname Lease.

    94.4% or 3,679 total occurrences were White.
    1.9% or 75 total occurrences were of Hispanic origin.
    1.3% or 53 total occurrences were of two or more races.
    1.2% or 49 total occurrences were Asian.
    0.6% or 25 total occurrences were American Indian or Alaskan Native.
    0.3% or 15 total occurrences were Black.

Matched Categories

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'lease' in Spoken Corpus Frequency: #4313

  2. Nouns Frequency

    Rank popularity for the word 'lease' in Nouns Frequency: #1552

How to pronounce lease?

How to say lease in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of lease in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of lease in Pythagorean Numerology is: 6

Examples of lease in a Sentence

  1. Chuck Schumer:

    Borrowers don't just need their debts paused ; they need them erased, with the flick of a pen, President Biden could provide millions upon millions of student loan borrowers a new lease on life.

  2. Imperial Oil:

    We are focused on securing a lease extension, not contemplating a potential penalty.

  3. Vikram Kumar:

    The lease extensions have a significant impact on the project's financial viability both from a debt and equity perspective.

  4. Nusret Gke:

    We’ve already signed a lease for our first Salt Bae in Los Angeles — Soho is next.

  5. Lisa Murkowski:

    The Biden administration’s actions are not unexpected but are outrageous nonetheless, suspending leases in Alaska’s 1002 Area is in direct conflict with the 2017 Tax Cuts and Jobs Act, through which Congress mandates an oil and gas leasing program be established on the non-wilderness Coastal Plain, and ordered at least two lease sales by 2024.

Popularity rank by frequency of use

lease#1#4128#10000

Translations for lease

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"lease." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/lease>.

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