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Dictionary definition for: Lease

1. (n) property that is leased or rented out or let

2. (v) let for money; "We rented our apartment to friends while we were abroad"

3. (n) a contract granting use or occupation of property during a specified time for a specified payment

4. (v) hold under a lease or rental agreement; of goods and services

5. (n) the period of time during which a contract conveying property to a person is in effect

6. (v) grant use or occupation of under a term of contract; "I am leasing my country estate to some foreigners"

7. (v) engage for service under a term of contract; "We took an apartment on a quiet street" "Let''s rent a car" "Shall we take a guide in Rome?"

WordNet 2.1 Copyright Princeton University. All rights reserved.