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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 ?
If your lender finds out, you will probably be contacted to arrange a formal consent to let and could be charged a penalty retrospectively.
ie provides properties in all categories to let, information, help, foreign property to let, parking spaces, and new homes nationwide and in every county including Northern Ireland.
True Buy to Let has provided a choice and quality of accommodation that is better than ever before, a fact recognised by the Office of the Deputy Prime Minister," he added.
In the Guide, the information needed to consider a Buy to Let investment decision, the calculations to make and the various pitfalls and opportunities of the Buy to Let market are followed by sections about property investment in the future .
GOOD REASONS TO LET HIM GO You deserve way more than to be treated like a new toy
Said Adrian Turner, ARLA Chief Executive, "Although ARLA launched the whole concept of Buy to Let, with the backing of the ARLA Group of Buy to Let Mortgage Lenders, in the autumn of 1996, it was after the Millennium that Buy to Let began to play a really significant role in refinancing the Private Rented Sector and providing more choice in good quality housing.
Be sure that what you are working on you are actually ready to let go of.
If getting home is an issue, tell her you'll call her at 10:30 to let her know you are OK, and then call her after the ball drops to let her know you're ready to head home.
After hearing that many potential employers now check college students' MySpace profiles we thought it was important to let students know that Tubes is a better way - a fast, private way to share anything with anyone but without the rest of the world peering in.
LONDON, England, November 13 /PRNewswire/ -- Weekend reports that claim Buy to Let repossessions are on the increase are irresponsibly wide of the mark, ARLA the Association of Residential Letting Agents said today.
Time: Several hours, or overnight, to let painted lid dry.
Canon PIXMA iP 4300 photo inkjet printer with 20 sheets of Canon glossy paper - to let winners make beautiful photo prints