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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 ?
No hang on, half our team have got MBEs already - knighthoods, let us say, let's dream big.
Let us say that the information from Greek media that the latest proposal of Mediator Matthew Nimetz is "Upper Republic of Macedonia" is true.
It's a classic old remedy for constipation, and I shudder to recall how I was forced to take it when my mother had diagnosed that I was, let us say, in need of relief.
These resignations always portend that the situation will be going from bad to worse, and that what members of the presidential team accept today they may find themselves unable to accept tomorrow, especially when they see that what they accepted or turned a blind eye to what has resulted in a crisis, or let us say crises.
QUOTES" "We just don't like the prospect of having to bite someone's foot off before they let us say something" - Comedienne Jo Brand, who also says she "doesn't do" Mock The Week any more.
Once more let us say to him, with joy and confidence: "Veni ad salvandum nod"
It has been a joy to watch and it just goes to show that us disabled - cor, I hate that word, let us say, less able-bodied - people can have as much sporting success and national profile/pride as able-bodied athletes such as Mo Farah.
He makes his sketches of the barricades: there at the top: the fallen, some of them are hardly more than boys; or let us say Gericault, who painted saddle horses as regularly as some artists paint the sea, suddenly, on Reality's back roads, sees he has been abandoned with the troops in the retreat--Moscow inflames not even visible in the background, only snow, the trackless snowdrifts stretching on for leagues, the details of the soldiers' bodies sticking up through the snow, cheek stubble, arms and kitbags.
So this is very important that when we look at NAM, NAM is a bloc within the United Nations, within the General Assembly and all its agencies and all its discussions and through this, let us say channel, NAM exerts power and influence on decision makings, on debates and in that respect you can see incremental changes come also from these sources.
LET us say that one hospital needs a rota of 10 surgeons to maintain a safe on-call rota for emergency surgery, then two hospitals needs 20 surgeons and three hospitals needs 30 surgeons.
Let us say 100 bridges since some of them will be much longer than the one of Kit.
In this example, let us say that you speculated that the Wall Street index would fall following the FOMC statement at 19:05 BST, Wednesday, 1 August.