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Lease Meaning in English

word

/ˈɫis/
lees
/lˈiːs/
lees

Definition

A lease is a legal agreement that lets someone use a house, car, office, or other property for a fixed period in exchange for payment. As a verb, it means to rent something to someone or to use something under that kind of contract.

Usage & Nuances

Common in legal, housing, car, and business contexts. 'Lease' is more formal and contract-focused than 'rent'. You can 'sign a lease', 'renew a lease', 'break a lease', or 'lease a car'. As a verb, the direction depends on context: a company can lease equipment to you, or you can lease equipment from a company.

Example Sentences

We signed a one-year lease for the apartment.

basic

My company leases cars for its employees.

basic

The lease ends in June.

basic

Before you sign the lease, read the small print.

natural

We might lease a bigger office next year if the team keeps growing.

natural

If we move early, we'll have to break the lease.

natural