re-lease

[ ree-lees ]
/ riˈlis /

verb (used with object), re-leased, re-leas·ing.

to lease again.
Law. to make over (land, property, etc.), as to another.

noun

a contract for re-leasing land or property.
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. 2019