Want to say lease differently? Here are other words for lease and its similar synonyms and opposite words to say in unique way.
Meaning of lease
The primary meaning of the word "lease" is a contract by which one party grants to another the use of something, especially a building or land, for a specified period of time in exchange for payment.
Etymology of lease
The word "lease" originates from the Old English word "lēas", which is derived from "lēan", meaning "to lend" and also related to the Old Norse word "lēsa", meaning "to lend" or "to let".
Historically, the term "lease" was used to describe a contract for the use of land or property, and over time its meaning has expanded to include other types of agreements, such as equipment leases and licensing agreements.
Synonyms
Definitions
- A contract by which one party grants to another the use of something, especially a building or land, for a specified period of time in exchange for payment.
- A period of time for which something is leased.
- To grant the use of something to someone in exchange for payment.
Usage Examples
- The company signed a lease for the new office space, committing to a five-year term.
- She decided to lease a car instead of buying one, as it was more cost-effective.
- The city granted a lease to the developer to build a new shopping center on the vacant land.