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Meaning of short-term lease
A short-term lease refers to a lease that is granted for a relatively short period, typically less than a year.
Etymology of short-term lease
The term "lease" comes from the Old English word "lēas", which means "empty" or "unoccupied", and the Old French word "lesser", which means "to let" or "to rent".
The concept of a short-term lease has been around for centuries, with evidence of temporary leases dating back to ancient Rome and medieval Europe.
Synonyms
temporary lease
short lease
limited lease
fixed-term lease
lease agreement
rental agreement
short-term rental
temporary rental
lease contract
tenancy agreement
short-term tenancy
fixed-term rental
leasehold
rental contract
short-term contract
temporary contract
lease duration
rental period
short-term letting
lease term
rental term
short-term agreement
temporary agreement
lease period
rental lease
short-term leasehold
limited term lease
short-term rental agreement
Definitions
- A short-term lease is a type of lease where the tenant has the right to use a property for a short period, usually in exchange for rent.
- * It is often used for temporary or seasonal needs, and the lease can be terminated by either party with minimal notice.
Usage Examples
- The company signed a short-term lease for the office space while they waited for their new building to be completed.
- * The landlord offered a short-term lease to the tenant, which included a monthly rent and the option to renew.
- * The short-term lease allowed the family to rent a house for the summer while they were on vacation.
Antonyms
long-term lease
permanent lease
lifetime lease
indefinite lease
open-ended lease
perpetual lease
extended lease
lengthy lease
prolonged lease
lasting lease
enduring lease
continuous lease
ongoing lease
unlimited lease
lifetime rental
permanent rental
long-term rental
extended rental