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English definition of “letting”

letting

noun     /ˈletɪŋ/ UK
[C or U] PROPERTY the activity of allowing your house or land to be lived in or used by someone else in exchange for a regular payment : letting of sth The government wants to encourage the letting of empty properties . Landlords can use a letting agent to find tenants . She's been renting a house through a letting agency . We can offer short-term lettings in most locations .
[C] a room or building that can be rented : They own a number of holiday lettings in France.
(Definition of letting noun from the Cambridge Business English Dictionary © Cambridge University Press)
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