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lease

Noun

Meaning

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

Examples

• The office space is available for lease.

• They signed a lease for the new apartment.

• The lease expires next year.

lease

Noun

Meaning

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

Examples

• The office space is available for lease.

• They signed a lease for the new apartment.

• The lease expires next year.