Leases
/ˈliːsɪz/
Definitions
- (n.) Plural of lease, contracts granting use or occupation of property for a specific period in exchange for payment.
The tenants signed leases for the summer apartments.
- (v.) Third-person singular present of lease, to grant or take a lease on property.
She leases equipment to small businesses.
Forms
- lease
- leasing
- leased
Related terms
See also
Commentary
As an inflected form, 'leases' often appears as plural noun or present tense verb; see 'lease' for full definitions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.