re-lease

[ree-lees]

verb (used with object)

re-leased, re-leasing 

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.

Word History and Origins

Origin of re-lease¹

First recorded in 1820–30; re- + lease ¹