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  1. lease
    IPA[lēs]
  2. noun

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

      a six-month lease on a shop

    verb

    • 1. grant (property) on lease; let:

      she leased the site to a local company
      Synonym : rent out, rent, hire, hire out, sublet, sublease, farm out, charge for the use of, let, let out
    • 2. take (property) on lease; rent:

      land was leased from the city
      Synonym : rent, hire, charter, engage, take, borrow, pay for the use of
  3. Variation

    • n.: noun: lease, plural noun: leases

    • v.: verb: lease, 3rd person present: leases, gerund or present participle: leasing, past tense: leased, past participle: leased

    • 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:
    • verb

      grant (property) on lease; let:

      take (property) on lease; rent:

    • an arrangement made in 1941 whereby the US supplied military equipment and armaments to the UK and its allies, originally as a loan in return for the use of British-owned military bases.
    • noun

      an arrangement covering the hire of an aircraft including the provision of a flight crew and sometimes fuel.
    • verb

      hire (an aircraft) on the basis of a wet lease.
    • noun

      a contract by which a block of flats or townhouses is held in joint ownership, with each unit leased from the group as a whole, usually as a way of bypassing planning restrictions:
    • verb

      place (a block of flats or townhouses) in joint ownership, with each unit leased from the group as a whole, usually as a way of bypassing planning restrictions:
    • noun

      an arrangement covering the hire of an aircraft which does not include provision of a flight crew.
    • verb

      hire (an aircraft) on the basis of a dry lease.
    • noun

      an agreement under which an area of crown land is held on condition that it is used for the breeding of livestock:
    • noun

      an agreement setting out the terms of tenure for a large area of agricultural land:
    • an arrangement made in 1941 whereby the US supplied military equipment and armaments to the UK and its allies, originally as a loan in return for the use of British-owned military bases.
    • another term for Lend-Lease
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