HOME [I, T] › to pay money to live in a building that someone else owns: He'll be renting an apartment until he can find a house to buy. PAY TO USE [T] US (UK hire) › to pay money to use something for a short time: We could rent a car for the weekend. RECEIVE MONEY [T] (also rent out) › to allow someone to pay you money to live in your building: I rented out my house and went travelling for a year.