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.