let

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Related to let off: let off steam, let off the hook

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 classic literature ?
The fool-nigger had dropped everything, to throw the shutter open and let off that Martini-Henry.
At Walker's suggestion all who were afraid were let off, in honour of Pater Brooke's speech.
Hermann, who always let off one speech at least at me in an hospitable, cordial tone
All of a sudden the whole region fairly rocked under the crash of eleven hundred and one thunder blasts, all let off at once, and Sandy says, -
EIGHTEEN years after a massive fire raged through the Uphaar theatre in South Delhi's Green Park area snuffing out 59 lives, the Supreme Court on Wednesday let off its owners Sushil Ansal and his brother Gopal Ansal merely asking them to pay a fine of ` 30 crore each to Delhi government within three months.
THE days of being let off when caught driving just over the speed limit could be over as police crack down on the crime.
On Wednesday, the grand jury in New York state let off a white police officer, Donald Pantaleo, for chokeholding Eric Garner, a 43-year-old father of six, who was illegally selling cigarettes on Staten Island.
I READ in the Mail that there are times when fireworks are not allowed to be let off so that others are not disturbed by the use of them.
A FIXBY man was let off his court order - so that he could go to a birthday par ty.
CHILD thugs who robbed a Midland man as he lay dying of a heart attack have been let off with just a caution by police.
Officers are reminding people that the law limits the times fireworks can be let off, and that adult fireworks cannot be sold to anyone under the age of 18.