Lease

Part of speech: noun (n.)

1. 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.

2. The contract for such letting.

3. 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. Shak. 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. Burrill. Warren's Blackstone.

Part of speech: verb (v.)

To gather what harvesters have left behind; to glean. [Obs.] Dryden.

Part of speech: verb (v.)

1. 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. Addison.

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