LEASE Definition Meaning - Merriam-Webster lease strictly implies a letting under the terms of a contract but is often applied to hiring on a lease rent stresses the payment of money for the full use of property and may imply either hiring or letting charter applies to the hiring or letting of a vehicle usually for exclusive use Noun They took out a five-year lease on the house
Leased - definition of leased by The Free Dictionary Define leased leased synonyms, leased pronunciation, leased translation, English dictionary definition of leased rented for a specified time: She leased a car Not to be confused with: least – smallest; slightest degree: That’s the least of her concerns
Lease Definition and Complete Guide to Renting - Investopedia Leases are a cornerstone of property rental agreements, defining the relationship between the tenant (lessee) and the landlord (lessor) These legally binding contracts outline the conditions
LEASE Definition Meaning | Dictionary. com Lease definition: a contract renting land, buildings, etc , to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation See examples of LEASE used in a sentence
Lease - Wikipedia All kinds of personal property (e g cars and furniture) or real property (e g raw land, apartments, single family homes, and business property, which includes wholesale and retail) may be leased As a result of the lease, the owner (lessor) grants the use of the stated property to the lessee
LEASE definition and meaning | Collins English Dictionary A lease is a legal agreement by which the owner of a building, a piece of land, or something such as a car allows someone else to use it for a period of time in return for money If you lease property or something such as a car from someone or if they lease it to you, they allow you to use it in return for regular payments of money
Lease - Definition, Common Types of Leases, Examples What is a Lease? A lease is an implied or written agreement specifying the conditions under which a lessor accepts to let out a property to be used by a lessee The agreement promises the lessee use of the property for an agreed length of time while the owner is assured consistent payment over the agreed period