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re-lease

[ree-lees]
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verb (used with object), re-leased, re-leas·ing.
  1. to lease again.
  2. Law. to make over (land, property, etc.), as to another.
noun
  1. a contract for re-leasing land or property.
  2. the land or property re-leased.

Origin of re-lease

First recorded in 1820–30; re- + lease1
Can be confusedre-lease release
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018