Lease — Defs

01 v. i. To gather what harvesters have left behind; to glean.

1.
To gather what harvesters have left behind; to glean.[Obs.]

02 v. t. 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…

imp. & p. p. Leased; p. pr. & vb. n. Leasing

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.” — Addison.
2.
To hold under a lease; to take lease of; as, a tenant leases his land from the owner.

03 n. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer;

1.
The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer;
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.” — Shak.

Phrases & compounds

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.