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Lease   /lis/   Listen
noun
Lease  n.  
1.
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.
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."
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)  
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."
2.
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.)





Collaborative International Dictionary of English 0.48


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"Lease" Quotes from Famous Books



... hurry," urged Professor Rosello. "There is no great rush, as far as I am concerned. One or two days will make no difference to me. Though if you don't take up my offer I shall probably lease the show to some professional. I want to keep my name before the public, for probably I shall wish to go back into the business again. And besides, it is a pity to let such a good outfit as we now have go into storage. But think it over carefully. I suppose, ...
— Joe Strong on the Trapeze - or The Daring Feats of a Young Circus Performer • Vance Barnum
... the lesson taught of old— Life saved for self is lost, while they Who lose it in His service hold The lease of God's ...
— The Complete Works of Whittier - The Standard Library Edition with a linked Index • John Greenleaf Whittier
... lease and copyholds, My lands and tenements, My parks, my farms, and orchards, My houses and my rents, My Dutch stock and my Spanish stock, My five ...
— Ballads • William Makepeace Thackeray
... the electors of Newark. Sir Robert Peel opposed the motion, not only with considerable ability, but with really unanswerable reasons. He asked if it was meant that a tenant who voted against his landlord was to keep his lease for ever. If so, tenants would vote against a landlord to secure themselves, as they now vote with a landlord to secure themselves. I thought, and think, this argument unanswerable; but then it is unanswerable in favour of the ballot; for, if it be impossible to deal with intimidation by punishment, ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 4 (of 4) - Lord Macaulay's Speeches • Thomas Babington Macaulay
... Walt. Maybe more than you think we do. And with things getting better, we'll lease more teleprinters and get more advertising. You're likely to get better than the price of your passage out of that story we're sending off on the Bolivar, and that won't be the end of it, either. Fenris is going to be in the news for ...
— Four-Day Planet • Henry Beam Piper


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