- 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.
- the property leased.
- the period of time for which a lease is made: a five-year lease.
- to grant the temporary possession or use of (lands, tenements, etc.) to another, usually for compensation at a fixed rate; let: She plans to lease her apartment to a friend.
- to take or hold by lease: He leased the farm from the sheriff.
- to grant a lease; let or rent: to lease at a lower rental.
- a new lease on life, a chance to improve one's situation or to live longer or more happily: Plastic surgery gave him a new lease on life.
Origin of lease1
SynonymsSee more synonyms on Thesaurus.com
- a system for keeping the warp in position and under control by alternately crossing the warp yarn over and under the lease rods.
- the order of drawing in the warp ends.
Origin of lease2
Examples from the Web for lease
So Wilson had to innovate a new business plan—a $950 monthly lease, with 2,000 free copies.Pioneers in Printing
The Daily Beast
October 21, 2014
The schools buy or lease nearly everything from companies owned by Mitchell.At This Creepy Libertarian Charter School, Kids Must Swear ‘to Be Obedient to Those in Authority’
October 15, 2014
He has underpinned his future program by winning from NASA a 20-year lease on the legendary launch pad 39A at Cape Canaveral.
Musk is there, too, having taken a three-year lease at Spaceport for testing reusable rockets.
And people searching to take over a lease can select “landlord approved” apartments to streamline the process.From a Broken Lease, a Dream NYC Home
September 17, 2014
He sat down at Jenkins's desk, and began to read over a lease.
"The lease is not in a hurry, sir," returned incorrigible Roland.
He refused to renew the lease; and the man went wildly elsewhere.Alarms and Discursions
G. K. Chesterton
Six weeks from the day he had obtained his lease he began his glue-making.Alice Adams
The directors under their lease were entitled to the remaining $75,000.The Railroad Question
- a contract by which property is conveyed to a person for a specified period, usually for rent
- the instrument by which such property is conveyed
- the period of time for which it is conveyed
- a prospect of renewed health, happiness, etca new lease of life
- to grant possession of (land, buildings, etc) by lease
- to take a lease of (property); hold under a lease
- dialect open pasture or common
Word Origin and History for lease
late 14c., "legal contract conveying property, usually for a fixed period of time and with a fixed compensation," from Anglo-French les (late 13c.), from lesser "to let, let go," from Old French laissier "to let, allow, permit; bequeath, leave," from Latin laxare "loosen, open, make wide," from laxus "loose" (see lax). Modern French equivalent legs is altered by erroneous derivation from Latin legatum "bequest, legacy."
late 15c., "to take a lease," from Anglo-French lesser, Old French laissier "to let, leave" (see lease (n.). Related: Leased; leasing. Lessor, lessee in contract language preserves the Anglo-French form.
A contract that grants possession of property for a specified period of time in return for some kind of compensation.
Idioms and Phrases with lease
see new lease on life.