“lease” – English explanatory dictionary

noun 1. a written contract, allowing someone to use a building or piece of land for a particular period 
We’re renting our offices on a twenty-year lease. 
the lease expires or runs out in 2020 - the lease comes to an end in 2020
2.
to give someone a new lease of life - to make someone want to make a fresh start or to live life more fully 
Alan’s retirement has given him a new lease of life. 
verb 1.
to lease or lease out - to give on a lease 
He leased the shop to an Australian company. 
My landlord leases out six other flats. 
2. to take or hold on a lease 
We’re leasing our offices at a good rent. 
We lease our photocopier as it’s cheaper than buying one.
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lease
v. i. [AS. lesan to gather; akin to D. lezen to gather, read, G. lesen, Goth. lisan to gather; cf. Lith lesti to peck.] To gather what harvesters have left behind; to glean. [Obs.] Dryden.
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lease
v. t. [imp. & p. p. Leased p. pr. & vb. n. Leasing.] [F. laisser, OF. laissier, lessier, to leave, transmit, L. laxare to loose, slacken, from laxus loose, wide. See Lax, and cf. Lesser.]
1. To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as a landowner leases a farm to a tenant; — sometimes with out. “There were some [houses] that were leased out for three lives.” Addison.
2. To hold under a lease; to take lease of; as a tenant leases his land from the owner.
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lease
n. [Cf. OF. lais. See Lease, v. t.]
1. A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
2. The contract for such letting.
3. Any tenure by grant or permission; the time for which such a tenure holds good; allotted time. “Our high-placed Macbeth
Shall live the lease of nature.” Shak. Lease and release a mode of conveyance of freehold estates, formerly common in England and in New York. its place is now supplied by a simple deed of grant. Burrill. Warren’s Blackstone.
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Meaning of “lease” in English language – noun 1. a written contract, allowing som...
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