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Definition of lease verb from the Oxford Advanced American Dictionary

 

lease

 verb
verb
NAmE//lis//
 
Verb Forms present simple I / you / we / they lease
 
 he / she / it leases
 
 past simple leased
 
 -ing form leasing
 
 
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to use or let someone use something, especially property or equipment, in exchange for rent or a regular payment synonym rent lease something We lease all our computer equipment. lease something from somebody They lease the land from a local farmer. lease somebody something A local farmer leased them the land. lease something (out) (to somebody) Parts of the building are leased out to tenants.
See lease in the Oxford Advanced Learner's Dictionary
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