let


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Lease

An agreement between two parties whereby one party allows the other to use his/her property for a certain period of time in exchange for a periodic fee. The property covered in a lease is usually real estate or equipment such as an automobile or machinery. There are two main kinds of leases. A capital lease is long-term and ownership of the asset transfers to the lessee at the end of the lease. An operating lease, on the other hand, is short-term and the lessor retains all rights of ownership at all times.

let

To rent out.

References in periodicals archive ?
Set pan in a warm place and let rest, pressing out dough every 10 minutes until it fills pan, about 45 minutes.
song then sleep let us sleep with them it is night for a
Each lender has its own consent to let conditions such as: length of time your current mortgage has been held for, will the property be managed by a professional.
Let the path beat me down, as I lie on its body and give up
LETS has partnered with the Los Angeles County Department of Mental Health and Minding Your Mind Foundation for this event.
ARLA believes that these quarterly surveys represent the largest single source of information about the Buy to Let market and are particularly significant because the data is provided by landlords and agents who are involved in residential property investment on a day to day basis.
If we can collectively agree that the aims or purposes of the camp experience are to foster youth development, then let us boldly announce and struggle openly with the implications of such a commitment.
If you let ice cream sit on the counter, it gets too soft on the outside before it is soft inside.
Let's close leisure centres and put bowling and tennis into a shed and let them fight over the space.
Let her know you appreciate her openness but that it makes you uncomfortable when she brings this stuff up.
When she has enough material wealth, Carmen wants out of the business, but the business won't let her go.