lease
Translation
lease, rental agreement
Examples
We signed a one-year lease.
We signed a one-year lease.
The lease expires next month.
The lease expires next month.
Grammar Patterns
((on sth.)) a contract to use (sth.) for a period of time We have a lease on the apartment.
Similar Words
Synonyms: rental agreement, contract
Etymology
From Old French 'laisser' (to let, leave), meaning a contract that 'lets' someone use a property.
Memory Tips
Think of a 'lease' as giving someone 'leeway' to use your property for a set time.