Noun, Verb
2. Definitions: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: to grant the possession or use of (land, buildings, equipment, etc.) to another for a period of time for a specified payment.
3. Pronunciations:US: /lis/
UK: /liːs/
4. Origin and Usage:The word "lease" comes from the Old French word "laissier", meaning "to let go" or "release". The noun form of the word has been in use since the 14th century, while the verb form has been in use since the 16th century. The term is commonly used in real estate and business transactions to describe a contractual agreement between two parties for the use of property or services.
5. Synonyms:Rent, hire, let, lease out, sublet, tenancy, occupancy, agreement, contract
6. Related Words:Lease is a 5 letter word, and some related words include easel, easer, leasee, leaser, and easen.
7. Example Sentences:Noun: She signed a lease for the apartment and will move in next month.
Verb: The landlord agreed to lease the property to the tenant for a period of five years.