Leasing
Pronunciation: /ˈliːs/
Leasing (noun)
- a legal contract to rent a property or equipment for a specific time.
Examples
- The lease expires next month.
- They signed a lease for the apartment.
Common collocations: sign a lease, long-term lease, lease agreement, lease out, lease property
Leasing (verb)
- to allow someone to use a property or equipment for a payment.
- to pay for the use of a property or equipment for a period of time.
Examples
- They lease their house to a family.
- She decided to lease her apartment.