Lease
Lease (lēz) , intransitive verb
[Anglo-Saxon lesan to gather; akin to Dutch lezen to gather, read, German lesen, Gothic lisan to gather; compare Lith lesti to peck.]
To gather what harvesters have left behind; to glean. [Obsolete] — Dryden
Lease (lēs) , transitive verb
[French laisser, Old French laissier, lessier, to leave, transmit, Latin laxare to loose, slacken, from laxus loose, wide. See Lax, and compare Lesser.]
1.
To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out.
There were some [houses] that were leased out for three lives.
2.
To hold under a lease; to take lease of; as, a tenant leases his land from the owner.
Lease (lēs) , noun
[Compare Old French lais. See Lease, transitive verb]
1.
The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer;
A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
2.
The contract for such letting.
3.
Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.
Our high-placed Macbeth
Shall live the lease of nature.
Collocations (1)
Lease and release , a mode of conveyance of freehold estates, formerly common in England and in New York. its place is now supplied by a simple deed of grant. — Burrill