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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 ?
Let's say you have a pilot for a potential series boasting John Wells (``ER'') as an executive producer, Paris Barclay (``NYPD Blue,'' ``City of Angels'') as a director and Molly Ringwald and Christopher Lloyd as stars.
For instance, let's say we're writing a tutorial on an application available for both the Macintosh and the PC.
Clearly, we each have his or her own idea of beauty but let's say she is beautiful to all.
And let's say that you want to know what's going on at the interface between the superconductor and a normal material or between two superconductors.
The students collected more than 65,000 messages of support through Xerox Corporation's (NYSE: XRX) Let's Say Thanks(SM) program - a free and easy way for the public to send postcards to U.
Let's say that I'm driving on a public thoroughfare, and that I happen to exceed the speed limit by more than the unofficially tolerated five miles per hour.
Here's a scenario to send chills up your spine: Let's say there's a plan to hold a gay pride march in a major U.
For example, let's say that two abutting parcels, each 10,000 s/f in area, have a permitted FAR of 10.
Mechanics, let's say it's washing time again for your Chinook.
Let's say you named it Division Finance, which contains four worksheets--Divisions 1,2, 3 and 4.
Let's say you own a retail store that sells a particular product for $1 O0 and the manufacturer charges you $60 for that same item The profit would appear to be $40.