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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


To rent out.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Either that or you need a backer - someone willing to put up the entry fee in return for, let's say, 30 per cent of any winnings.
Let's say our conversation was not a long list of everything
But let's say that you learn from reading studies done on thousands of people that each year 10,000 cases of breast cancer could be prevented with over 99 percent certainty out of a population of one million women--without harmful side effects--simply by having the women eat one small piece of candy every two to three months.
For example, let's say an underwriter in a branch office reduces premiums for a $1 million account by 10% in an effort to keep the business.
Let's say a competitor passes on to one of your prospects a credible-sounding rumor about the poor quality of your process.
Conversely, let's say a big dollar amount, a million dollars, came in from the KKK or some equally despicable organization or person.
Let's say you return to work after summer vacation with a tight hamstring from an old injury.
Let's say that they bought their New Property for $90,000 (buying down), property paid for with a new mortgage of $40,000 and cash from the intermediary totaling $50,000.
Let's say your friend writes down the following 13-digit number:
"We've been apart a lot this year and the breaks are difficult but let's say it keeps our relationship very fresh
"Let's say it is what I do best," says our Paolo, and we'll be keeping an eye out when those Oscar nominations come in.