noun
- plural of lease; legal agreements that allow someone to use property for a specified time in exchange for payment
verb
- third person singular present of lease; rents out property to someone or rents property from someone
Examples
- The company signed three new office leases this year.
- All apartment leases in the building expire in December.
- She leases her car instead of buying it.
- The landlord leases the property to college students.
- Most commercial leases require a security deposit.
- He leases office space in the downtown area.
- The store leases equipment rather than purchasing it.