- lease
- a written contract for letting or renting a building, a piece of land or a piece of equipment for a period against payment of a fee
Example to rent office space on a twenty-year leaseUsage the lease expires next year or the lease runs out next year- the lease comes to an end next year
- to let or rent offices, land or machinery for a period
Examples to lease offices to small firms • to lease equipment- to use an office, land or machinery for a time and pay a fee
Examples to lease an office from an insurance company • All our company cars are leased.
Definition
noun
verb
Learn a new term:
carriage