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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 ?
Once news of the camp spread, the Let Loose summer camp grew.
The San Andreas fault let loose four times in the past 4 centuries--the massive quake of 1906 as well as smaller events in the mid-1600s, the mid1700s, and in 1838.
Andrew Collinge, Alexis Redmond, Lorraine Rogers and Phil Redmond at the Castle Street celebrations; Jessica Fox (Hollyoaks), Christina Baily (Hollyoaks), Andrew Collinge, Sarah Dunn (Hollyoaks) and Connie Powney (Hollyoaks) at the salon's birthday party; Kevin Sacre and Ali Bastion (Hollyoaks) at the event in Andrew Collinge's Castle Street salon; Jennifer Bidall (Hollyoaks) and Roxanne McKee (Hollyoaks) at the first birthday celebrations; Roger Phillips, Martin King and John Flamson at the Chamber's annual dinner; Gemma Atkinson (Hollyoaks/Let Loose) at the Albert Dock restaurant; Lamorna Watts and Louise Howells at Est, Est, Est; The cast of Let Loose enjoying dinner at Est Est Est on Saturday night
In fact, the first scene in Let Loose, which starts in September, shows a naked Emma writhing in bed with on-screen boyfriend Marcus Patric.
For Charlie, the basement is home, even though it's filled with dangers: once let loose into the world Charlie finds himself on a road to recovery and a search for love in this enchanting story of change.
Wez Lundry One of our top lave skate rock bands of all time, SNFU, let loose with another of--their chunka chunka mind-twisting macabre masterpieces, called In the Meantime and in Between Time on Rake records.
When the song was over, Top Notch let loose a long sweeping call.
Culture Vultures planning a weekend trip to London should consider signing into any of 11 Radisson Edwardian Hotels to take advantage of the group's spectacular Let Loose in London offer.
So then it's up to the reader to let loose and laugh--or not.
Her deep, calm voice, placid face, hair falling simply in a single braid, ran perfectly counterpoint to the falling starlight let loose by Ms.
But their offspring will be let loose to roam the forested slopes of Mount Kenya.
With TV the raw sex and brute violence that fascinates those not tutored in fine artistic renditions would be obtained in bawdy songs, humor, gossip, fantasy, dime novels, and all the other means by which human beings have managed to entertain themselves before television and before the current swarm of sociologists were let loose.