WordReference Random House Learner's Dictionary of American English © 2014
lease1 /lis/USA pronunciation  n., v.,  leased, leas•ing.

n. [countable]
  1. a contract allowing the use of land, renting property, etc., to another for a certain period in exchange for rent or other payment.
  2. the period of time for which a lease is made:a five-year lease.

  1. to grant the temporary possession or use of (lands, property, etc.) to another, usually for compensation at a fixed rate; to let: [+ object ( + to + object)]to lease one's apartment to a friend.[+ object + object]We leased him the apartment.[no object]to lease at a lower rate.
  2. [+ object ( + from + object)] to take or hold by lease:He leased the farm from the sheriff.
  1. a new lease on life, [countable] a chance to improve one's situation or to live longer or more happily:After his heart operation he felt he had a new lease on life.

leas•er, n. [countable]

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:

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