lease Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “lease” in the English Dictionary

"lease" in British English

See all translations

leaseverb [T]

uk   /liːs/  us   /liːs/
to make a ​legalagreement by which ​money is ​paid in ​order to use ​land, a ​building, a ​vehicle, or a ​piece of ​equipment for an ​agreedperiod of ​time: The building's 60 ​units are ​currently leased to ​students of the ​university. [+ two objects] It was ​agreed they would lease the ​apartment to him/lease him the ​apartment.

leasenoun [C]

uk   /liːs/  us   /liːs/
a ​legalagreement in which you ​paymoney in ​order to use a ​building, ​piece of ​land, ​vehicle, etc. for a ​period: He has the ​house on a ​long lease. The lease ​runs out/​expires in two ​years' ​time. We signed a three-year lease when we ​moved into the ​house.
(Definition of lease from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"lease" in American English

See all translations

leaseverb [T]

 us   /lis/
to use or ​allow someone ​else to use ​land, ​property, etc. for an ​agreedperiod of ​time in ​exchange for ​money: I leased my new ​carinstead of ​buying it.
lease
noun [C]  us   /lis/
The lease on this ​officeexpires in two ​years.
(Definition of lease from the Cambridge Academic Content Dictionary © Cambridge University Press)

"lease" in Business English

See all translations

leasenoun [C]

uk   us   /liːs/ COMMERCE, LAW
an ​agreement to ​paymoney in ​order to use ​land, a ​building, a ​vehicle, or a ​piece of ​equipment for a particular ​period of ​time: The ​companysigned a lease for the ​property in December. The ​originaltenant remains ​liable throughout the entireterm of the lease.a lease expires/runs out The lease ​expires in 2026.a 10-/20-/30-year lease The ​company is ​trying to ​extend its 30-year lease (with 24 ​yearsleft to ​run). a lease ​agreement/​contract/​payment a long-term/​short-term lease

leaseverb [T]

uk   us   /liːs/ COMMERCE, LAW
to ​agree to ​paymoney in ​order to use ​land, a ​building, a ​vehicle, or a ​piece of ​equipment for a particular ​period of ​time: lease sth (from sb) The ​firm recently made ​plans to lease another 8,000 ​squarefeet from the ​propertycompany.
to make an ​agreement by which someone ​pays you ​money in ​order to use ​land, a ​building, a ​vehicle, or a ​piece of ​equipment for a particular ​period of ​time: lease sth (out) (to sb) They are ​keen to lease out the ​aircraft to ​privatecompanies.lease sb sth He gave ​equity to the ​firms that leased him ​officeequipment.
(Definition of lease from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of lease?
Add Cambridge dictionaries to your browser to your website

“lease” in British English

“lease” in American English

“lease” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

cracker

a thin, flat, hard biscuit, especially one eaten with cheese

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More