leasing

1 definition • 4 examples

a financial arrangement in which a person, company, etc. pays to use land, a vehicle, etc. for a particular period of time :

Leasing can still make financial sense, particularly for those who want a new car every two to three years.

a leasing business/company/firm Sea Containers is a major international leasing and transport company.

the leasing of sth The bill would create a board to oversee the leasing of state property for developing oil and natural gas reserves.

a leasing agreement/deal