let verb - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “let”

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let

verb [T]
 
 
/let/ (letting, let, let)
to allow something to happen, or to allow someone to do something, by giving your permission or by not doing anything to stop an action: We do not let our staff use social networking sites at work. They had let the office accommodation become rundown and shabby.
UK ( US rent) to allow your house or land to be lived in or used by someone else in exchange for a regular payment: let sth (out) to sb They are letting their house out for the summer. He's let his flat to a young couple. The Technology Park has office accommodation and business units to let.let on sth The property is let on a 10-year lease. The holiday apartments are let on a weekly basis.
let sb go informal HR to make someone leave their job: Sales are down considerably and we've had to let some staff go. I've only been let go twice in my career.
(Definition of let verb from the Cambridge Business English Dictionary © Cambridge University Press)
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