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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 ?
In her most recent work, Genzken confronts one of the prime calamities of sculpture in the present: a terror that emerges from both the universal equivalence and exchangeability of all objects and materials and the simultaneous impossibility of imbuing any transgressive definition of sculpture with priorities or criteria of selection, of choice, let alone judgment (be it artisanal skills, choice of objects or materials, or the analytical intelligence to identify the specific structure of a contextualized readymade).
We have found that some students don't even buy the required textbooks for classes, let alone purchase them at the college store," she says.
Many logjams, rice bowls, and stovepipes of today are not going to survive the first wave of GenNet, let alone the waves that follow.
The court noted that "to suppose that any reasonable person, let alone a trained prison officer, would not know that kicking a helpless prisoner's genitals was cruel and unusual punishment is beyond belief.
Kelsey knows she still trusts him with her heart and soul let alone her life, so he reluctantly agrees to investigate though he expects to find nothing out of the ordinary.
Certainly we are realistic enough to know that such solutions are seldom accomplished in years, let alone in one hour.
Collecting these records, let alone participating in the Underground Railroad, was a dangerous endeavor in an era when merely failing to report slave escapes could get one imprisoned or worse.
With the FBI and the CIA hunting them down, can the dolphin finmen even survive, let alone accomplish their world changing mission?
10) has not a word about any disagreement surrounding the health and related consequences of global warming, let alone of any disputes about its very likelihood.
In fact, it is only really in the conclusion that Parker pulls everything together and highlights the enormous challenge with which we are faced today in the widely varying urban conditions in Asia, South America, and Russia, let alone Europe and North America.
Many realize that they badly need transformation to survive, let alone prosper.
The report said "field agents usually did not know what investigations agents in their own office, let alone in other field offices, were working on.