Pronunciation: /liːs/

Definitions of lease

noun a contract by which one party conveys land, property, services, etc., to another for a specified time, usually in return for a periodic payment

Example Sentences

A1 I signed a lease for my apartment.

A2 The lease agreement clearly outlines the terms and conditions.

B1 The lease on the office space expires next month.

B2 We are considering extending the lease for another year.

C1 The lease includes a clause for early termination with penalty.

C2 The lease agreement was carefully reviewed by legal experts before signing.

verb to grant the temporary possession or use of (land, buildings, rooms, etc.) to another in return for rent

Example Sentences

A1 I lease a car for my family vacation.

A2 She leases an apartment in the city.

B1 We decided to lease a new office space for our expanding business.

B2 The company leased the equipment for a period of three years.

C1 The landlord agreed to lease the property for a term of five years with an option to renew.

C2 After careful negotiation, the parties signed a lease agreement for the commercial property.

Examples of lease in a Sentence

formal The company signed a lease agreement for a new office space.

informal We finally found a place to lease for our new business.

slang I'm thinking of leasing a sweet ride for the weekend.

figurative She decided to lease out her talents to the highest bidder.

Grammatical Forms of lease

past tense

leased

plural

leases

comparative

more lease

superlative

most lease

present tense

lease

future tense

will lease

perfect tense

have leased

continuous tense

is leasing

singular

lease

positive degree

lease

infinitive

to lease

gerund

leasing

participle

leased

Origin and Evolution of lease

First Known Use: 1250 year
Language of Origin: Old French
Story behind the word: The word 'lease' originated from the Old French word 'les', meaning 'a lease, a letting'.
Evolution of the word: Over time, the word 'lease' has evolved to refer to a contractual arrangement in which one party conveys land, property, services, etc. to another for a specified period, usually in exchange for payment.