Adjective "leasable" definition and examples

Definitions and examples

adjective

  1. 'A lifecycle profitability tool is provided to determine the lifecycle profitability of a leasable asset.'
  2. 'As used herein, gross leasable square footage includes interior alterations and modifications that increase the leasable square footage of the building.'

Definitions

1. a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation.

2. the property leased.

3. the period of time for which a lease is made: a five-year lease. verb (used with object), leased, leasing.

4. to grant the temporary possession or use of (lands, tenements, etc.) to another, usually for compensa

More examples(as adjective)

"spaces can be leasable."

"areas can be leasable."

"footages can be leasable."

"feet can be leasable."

Origin

(lease)