Meaning of “commercial lease” in the English Dictionary

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"commercial lease" in Business English

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commercial leasenoun [ C ]

uk us LAW, COMMERCE

a formal agreement to rent a building, vehicle, land, or property that will be used for business purposes:

Almost all commercial leases contain provisions for the landlord to enter the premises for various reasons.

(Definition of “commercial lease” from the Cambridge Business English Dictionary © Cambridge University Press)