lease

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Pronunciation[change]

  • (file)

Verb[change]

Plain form
lease

Third-person singular
leases

Past tense
leased

Past participle
leased

Present participle
leasing

  1. (transitive) If someone leases, they take control a property or land by purchasing a contract (or leasehold) from the owner.

Noun[change]

Singular
lease

Plural
leases

  1. (countable) A lease is a contract granting use or occupation of property during a specified period in exchange for a specified rent
  2. (countable) A lease can be the period of such a contract.
  3. (countable) A lease is a leasehold.