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Definitions

American Heritage® Dictionary of the English Language, Fourth Edition

  1. n. A contract granting use or occupation of property during a specified period in exchange for a specified rent.
  2. n. The term or duration of such a contract.
  3. n. Property used or occupied under the terms of such a contract.
  4. v. To grant use or occupation of under the terms of a contract.
  5. v. To get or hold by such a contract.
  6. idiom. a new lease on life An opportunity to improve one's circumstances or outlook.

Century Dictionary and Cyclopedia

  1. To gather; pick; pick up; pick out; select.
  2. Specifically To glean, as corn.
  3. To glean; gather up leavings, as at harvest.
  4. To grant the temporary possession of, as lands, tenements, or hereditaments, to another for compensation at a fixed rate; let; demise.
  5. To take a lease of, or to take, as lands, etc., by a lease: as, he leased the farm from the proprietor. Synonyms Let, Rent, etc. See hire.
  6. n. A contract transferring a right to the possession and enjoyment of real property for life or for a definite period of time or at will, usually made in consideration of a periodical compensation called rent, in modern times usually payable in money, but sometimes in a share of the produce, and in former times frequently in services. The grantor or landlord is called the lessor, the grantee the lessee. The act of the grantor is called a demise; the right of the grantee is called the term; his holding under it is called a tenancy. The right of the lessor to have possession again at the end of the term, or sooner in case of forfeiture, is called the reversion. If the grantor has only a term and grants the whole of it, the contract is not. technically a lease, but, even if in the form of a lease, is deemed only an assignment. If the grantor of a term retains any reversion, even for a single day, the contract is a lease. A contract not transferring a right of possession, but merely contemplating that such right shall be transferred in the future, is not a lease, but an agreement for a lease. A contract transferring such a right to commence in enjoyment at a future day—as, for instance, one executed in February to give possession in May—is a lease; but the right of the lessee for the intervening period before the term is an interesse termini. The word lease is sometimes loosely applied to a letting of personal property.
  7. n. The written instrument by which a leasehold estate is created. The word is also loosely applied to oral contracts of letting, which, however, are made void by the statute of frauds unless for a term not exceeding one year.
  8. n. The duration of tenure by lease; a term of leasing; hence, the terminable time or period of anything: as, to take property on a long lease; a short lease of life.
  9. False; lying; deceptive.
  10. n. Falsehood; a lie.
  11. n. A pasture.
  12. n. A common.
  13. n. In weaving, the system of crossings in the warp-threads in a loom between the yarn-beam and the heddles, effected by passing each warp-thread alternately over and under the lease-rods.
  14. n. In Australian mining, a mining leasehold; a piece of ground leased for the purpose of mining.

Wiktionary

  1. adj. false; lying; deceptive
  2. n. falsehood; a lie
  3. v. transitive, intransitive To tell lies; tell lies about; slander; calumniate.
  4. n. an open pasture or common
  5. v. transitive To release; let go; unloose.
  6. n. The place at which the warp-threads cross on a loom
  7. v. transitive to gather.
  8. v. transitive to pick, select, pick out; to pick up.
  9. v. transitive to glean.
  10. v. intransitive to glean, gather up leavings.
  11. v. transitive To operate or live in some property or land through purchasing a long-term contract (or leasehold) from the owner (or freeholder).
  12. v. transitive To take or hold by lease.
  13. v. intransitive To grant a lease; to let or rent.
  14. n. A contract granting use or occupation of property during a specified period in exchange for a specified rent
  15. n. The period of such a contract
  16. n. A leasehold

GNU Webster's 1913

  1. v. obsolete To gather what harvesters have left behind; to glean.
  2. v. To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; ; -- sometimes with out.
  3. v. To hold under a lease; to take lease of.
  4. n. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
  5. n. The contract for such letting.
  6. n. Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.

WordNet 3.0

  1. v. hold under a lease or rental agreement; of goods and services
  2. v. grant use or occupation of under a term of contract
  3. n. a contract granting use or occupation of property during a specified time for a specified payment
  4. v. engage for service under a term of contract
  5. v. let for money
  6. n. property that is leased or rented out or let
  7. n. the period of time during which a contract conveying property to a person is in effect

Etymologies

  1. From Middle English *lesen, from Anglo-Norman *leser, Old French lesser, laisier ("to let, let go"), from Medieval Latin lassō ("to let, let go"), partly from Latin laxō ("to loose"); partly from Old High German lāzzan, lāzan (German lassen, "to let, let go, release"). Cognate with Old English lǣtan ("to allow, let go, leave, rent"). More at let. (Wiktionary)
  2. Middle English les, from Anglo-Norman, from lesser, to lease, variant of Old French laissier, to let go, from Latin laxāre, to loosen, from laxus, loose; see slēg- in Indo-European roots. (American Heritage® Dictionary of the English Language, Fourth Edition)

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‘lease’ has been looked up 2403 times, loved by 1 person, added to 13 lists, and has a Scrabble score of 5.