Collins Concise English Dictionary © HarperCollins Publishers::

lease /liːs/ n
  1. a contract by which property is conveyed to a person for a specified period, usually for rent
  2. the instrument by which such property is conveyed
  3. the period of time for which it is conveyed
  4. a prospect of renewed health, happiness, etc: a new lease of life
vb (transitive)
  1. to grant possession of (land, buildings, etc) by lease
  2. to take a lease of (property); hold under a lease
Etymology: 15th Century: via Anglo-French from Old French lais (n), from laissier to let go, from Latin laxāre to loosen

ˈleasable adj ˈleaser n

'lease' also found in these entries:
In the English description:

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