LEASE • FREE TRANSLATOR.ORG • Definition of Lease

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noun

Lease n.

The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, 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.

The contract for such letting.

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."

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.

verb

Lease v. t. (past & past part. leased; pres. part. leasing)

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."

To hold under a lease; to take lease of; as, a tenant leases his land from the owner.

Lease v. i. To gather what harvesters have left behind; to glean. (Obs.)

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Etymology of 'Lease'

Collaborative International Dictionary of English 0.48

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"Lease" Quotes from Famous Books

... fuel she spent her evenings out. Yet she read more or less, and was sufficiently acquainted with Volney, Voltaire, and other skeptics to shock her church acquaintances. Love of gain, not of company, induced her to lease one of her rooms to a pious old woman, from whom she got not only a little rent, but the incidental use of her fuel ...

— Myths And Legends Of Our Own Land, Complete • Charles M. Skinner

... hummer and no mistake," he commented half aloud; "good thing-it-didn't catch me out in the middle of the alkali or Red Bill and his cronies might have had a new lease of life." ...

— The Girl Aviators on Golden Wings • Margaret Burnham

... old days there was a little hotel on the Rue Dannou, midway between the Rue de la Paix and what later along became the Avenue de l'Opera, called the Hotel d'Orient. It was conducted by a certain Madame Hougenin, whose family had held the lease for more than a hundred years, and was typical of what the comfort-seeking visitor, somewhat initiate, might find before the modern tourist onrush overflowed all bounds and effaced the ancient landmarks—or should I say townmarks?—making a resort ...

— Marse Henry, Complete - An Autobiography • Henry Watterson

... his wife's counsel, he took the lease of a shed on some building land in the Faubourg du Temple, and painted up thereon, in huge letters, CESAR BIROTTEAU'S FACTORY. He enticed a workman from Grasse, and with him began to manufacture several kinds of soap, essences, and eau-de-cologne, ...

— The Best of the World's Classics, Restricted to Prose, Vol. VII (of X)--Continental Europe I • Various

... Gilles Blacre had taken the lease of a house in the suburbs of Tours, but repenting him of his bargain with the landlord, Peter Piquet, he endeavoured to prevail upon him to cancel the agreement. Peter, however, was satisfied with his tenant and his terms, and would listen to no compromise. ...

— Memoirs of Extraordinary Popular Delusions and the Madness of Crowds • Charles Mackay

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