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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 us say, once and for all: No, to every form of violence, vengeance and hatred carried out in the name of religion or in the name of God
Allowing for holidays let us say 46 weeks a year are spent commuting so the lost time is 30 minutes a week or 6 minutes a day, 3 minutes in the morning and 3 minutes in the evening rush hour.
Allowing for holidays, let us say 46 weeks a year are spent commuting, so the lost time is 30 minutes a week.
Let us say that if Pogba comes too, it's going to be very interesting.
A controller let us say was controlling a larger area has gone up to half now.
Let us say a firm, rather a thumping No to corruption, he added.
She said: "At Liz's London house - actually I should say Elizabeth, because she didn't really let us say Liz.
Mohamed added: "In the absence of a rent contract -when the owner demands increased amount of let us say, QAR2,000 for every room from me as rent, I will increase QAR 300 to 500 in each room and no one would object," he adds.
Before anyone opens fire, let us say up front that we are big fans of the Barre Common, one of the most spacious and attractive public spaces in the commonwealth.
Let us say SMILE stands for 'smiling man is lovely ever'.
Rather, let us say yes to Christ, yes to God, yes to the Spirit and to all the new relationships brought out by Christ.
So I ask all countries all around the world, let us say no to wars.