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26984 words
leases
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6 definitions • 15 examples
1
to make a
legal
agreement
by which money is
paid
in
order
to use
land
, a
building
, a
vehicle
, or a
piece
of
equipment
for an
agreed
period
of time:
Examples:
The building's 60
units
are
currently
leased
to
students
of the
university
.
[ + two
objects
] It was
agreed
they would
lease
the
apartment
to him/
lease
him the
apartment
.
2
a
legal
agreement
in which you
pay
money in
order
to use a
building
,
piece
of
land
,
vehicle
, etc. for a
period
:
Examples:
He has the house on a long
lease
.
The
lease
runs
out/
expires
in two years' time.
We
signed
a three-year
lease
when we
moved
into the house.
3
to use or
allow
someone else to use
land
,
property
, etc. for an
agreed
period
of time in
exchange
for money:
Examples:
I
leased
my new car
instead
of
buying
it.
4
an
agreement
to
pay
money in
order
to use
land
, a
building
, a
vehicle
, or a
piece
of
equipment
for a
particular
period
of time:
Examples:
The
company
signed
a
lease
for the
property
in
December
.
The
original
tenant
remains
liable
throughout
the
entire
term
of the
lease
.
a
lease
expires
/
runs
out The
lease
expires
in 2026.
a 10-/20-/30-year
lease
The
company
is trying to
extend
its
30-year
lease
(with 24 years left to run).
a
lease
agreement
/
contract
/
payment
a long-term/short-term
lease
5
to
agree
to
pay
money in
order
to use
land
, a
building
, a
vehicle
, or a
piece
of
equipment
for a
particular
period
of time:
Examples:
lease
sth (from sb) The
firm
recently
made
plans
to
lease
another 8,000
square
feet
from the
property
company
.
6
to make an
agreement
by which someone
pays
you money in
order
to use
land
, a
building
, a
vehicle
, or a
piece
of
equipment
for a
particular
period
of time:
Examples:
lease
sth (out) (to sb) They are
keen
to
lease
out the
aircraft
to
private
companies
.
lease
sb sth He gave
equity
to the
firms
that
leased
him
office
equipment
.
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