- 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
Examples from the Web for leaser
Of the private, and other officers of leaser rank, this is especially true.In Ancient Albemarle
- 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 leaser
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.
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."
A contract that grants possession of property for a specified period of time in return for some kind of compensation.
Idioms and Phrases with leaser
see new lease on life.