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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.


To rent out.

References in periodicals archive ?
Let Loose is funded by donations from Sasha's friends and family, and the staff consists of volunteers.
To highlight this, oversized odors were let loose all over downtown Houston - they're hitchhiking, hanging around drive-thrus, loitering in parking lots and doing anything to get into people's cars.
For once, the Olympic athletes had a chance to let loose after years of tough training regimens.
We've had meetings in LA and we've got loads of ideas and it would be great if Jedward: Let Loose was recommissioned or if we did another TV programme.
Twins John and Edward Grimes, 18, have jetted to the States to discuss filming a new series of their hit show Jedward Let Loose in the City of Angels.
I let loose like a crazy child, dancing around the stage.
How many times have we heard this, how many more times will we hear this same story - drug addicts are let loose on the streets are given free drugs.
Down by 10 points at halftime, Simi Valley (15-3, 6-0) jump-started its comeback midway through the third quarter when senior guard Brandon Simon hit two 3-pointers and Tyler Ostrovsky let loose his own barrage of long-range shots to bring the Pioneers back.
Green has been given free reign to let loose even more with his trademark gospel whoops and hollers (and shows some impressive songwriting chops), while Danger Mouse's pastiche of drum hits, organs, strings and distorted guitar samples perfectly complement Green's vocal and lyrical gymnastics on dysfunctional relationships (the monster hit single "Crazy"), paranoia ("Monster In My Closet") and standard MC braggadocio ("Feng Shui").
Pupils from schools let loose their balloons at Pengam, where they also received a green envelope with details of what the initiative is all about.
The researchers let loose these sticky bacteria into the grooves and encourage them to all move in one direction around the circle.
When the San Andreas fault let loose in 1906, the rupture started offshore near San Francisco and, for the most part, spread away from the city, says Beroza.