LEASE • DICCIONARIO INGLES.COM • Definition of Lease

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noun

Lease n.

The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, 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.

The contract for such letting.

Any tenure by grant or permission; the time for which such a tenure holds good; allotted time. "Our high-placed Macbeth Shall live the lease of nature."

Lease and release a mode of conveyance of freehold estates, formerly common in England and in New York. its place is now supplied by a simple deed of grant.

verb

Lease v. t. (past & past part. leased; pres. part. leasing)

To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; sometimes with out. "There were some (houses) that were leased out for three lives."

To hold under a lease; to take lease of; as, a tenant leases his land from the owner.

Lease v. i. To gather what harvesters have left behind; to glean. (Obs.)

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Etymology of 'Lease'

Collaborative International Dictionary of English 0.48

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"Lease" Quotes from Famous Books

... thirteen years since, the authorities in matrimonial cases, considered the youngest Miss Willis in a very precarious state, while the eldest sister was positively given over, as being far beyond all human hope. Well, the Miss Willises took a lease of the house; it was fresh painted and papered from top to bottom: the paint inside was all wainscoted, the marble all cleaned, the old grates taken down, and register-stoves, you could see to dress by, put up; four trees ...

— Sketches by Boz - illustrative of everyday life and every-day people • Charles Dickens

... all squeezed out o' that sponge," sniffed Marty. "He'll never fill out that red vest of his again—not proper. And won't dad take on a new lease of life when he hears ...

— The Mission of Janice Day • Helen Beecher Long

... pathological changes, which may result in lameness and disable the animal, in which case surgical treatment will be indicated, especially if repeated blisters have failed to improve the symptoms. Line firing is then a preeminent suggestion, and many a useful life has received a new lease as the result of this operation timely performed. Another method of firing, which consists in emptying the sac by means of punctures through and through, made with a red-hot needle or wire, and the subsequent injection of certain irritating and alterative compounds ...

— Special Report on Diseases of the Horse • United States Department of Agriculture

... can be bought and sold for a price, and acquired by inheritance. Moreover, it is a common practice, particularly in the United Kingdom, for an owner who does not wish himself to cultivate or otherwise use the land, not to sell it to the man who does, but to lease it to him for a term of years for an annual payment which we term rent. It is therefore natural and convenient to envisage the problems, which we shall consider in this chapter, as problems concerning the price and rent of land. But, once again, ...

— Supply and Demand • Hubert D. Henderson

... of agricultural stock in the actual circumstances of the country, whatever they may be, and in whatever manner they may have been affected by taxes, particularly by so general a one as the property tax. The farmer, therefore, by paying a less rent to his landlord on the renewal of his lease, is relieved from any peculiar pressure, and may go on in the common routine of cultivation with the common profits. But his encouragement to lay out fresh capital in improvements is by no means restored by his new bargain. This encouragement must depend, both with regard to the ...

— Nature and Progress of Rent • Thomas Malthus

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