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
"industries can be leased to farmers."
"lines can be leased."
"assets can be leased."
"backs can be leased."
"aircraft can be leased."
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