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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 ?
We say: Reaching out to others with at least a quick message, complete with harried signature, is too lovely a tradition to let drop.
The action drew forth a cavern full of saliva that he let drop in a stretched-out sling of viscous elastic that snapped the ground three feet from his co-worker.
Lift up and let drop all around the base of the post, pointing down at an angle until the dirt hardens then more pieces of rock, a little more dirt, a lot more tamp.
Bill Gates and Warren Buffet let drop in Beijing last week that they may invite India's billionaires to dinner next year to discuss pledging wealth to charity.
Just think of all the crumbs you've let drop between the keys as you have you lunch at your desk.
He shoved open the screen door and stumbled in out of the sultry June midnight, She let drop her Star Romances to the floor and started to rise from the stained, purplish settee.
A guest at the Britannia Good Housekeeping Show 2010 on Friday, Mandira let drop that she was the subject of unwanted attention from a cricketer at last year's tournament.
He is a shipping magnate with enterprises on both sides of the law reluctant to let drop the high seas piracy which built his first fortune.