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English definition of “lease”

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lease

verb [T]
 
 
/liːs/
to use a building or piece of land, or to allow someone to use a building or piece of land, in exchange for money: We want to lease some office space in the centre of town. They leased the land to a local company.Mortgages and real estateRenting, hiring and hire purchase in general Renting propertyRenting propertyMortgages and real estateRenting, hiring and hire purchase in general
(Definition of lease verb from the Cambridge Learners Dictionary © Cambridge University Press)
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