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Related to let off: let off steam, let off the hook

Lease

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.

let

To rent out.

References in periodicals archive ?
the Ansals that the two be let off after considering the period of the imprisonment they have already undergone considering their age.
Lashing out at the convicts, Swamy said that they are cold-blooded murderers and shouldn't be let off easily.
Fireworks cannot be let off between 11pm and 7am the next day, except on certain celebration days.
As Swaffield pointed out, Noble Laureate Orhan Pamuk was also a victim of Article 301 but was let off because of a technicality.
That's not to say that everything about the city's business-tax reform was wrong: There were tax breaks for Hollywood, the incomprehensible system of nine tax categories was ``simplified'' to just seven and businesses making less than $100,000 a year were let off the hook entirely.
Trouble erupted before Swansea City's away clash with Lincoln yesterday when a football fan tried to let off a cannister of pepper gas in a busy city centre pub.
Fireworks are still causing fear, danger and suffering, are still being used as weapons, still let off and thrown in public places, still getting in to the hands of the under-aged and still being let off after the 11pm curfew.
So the school where Daniel was bullied was let off the hook entirely, and the state child-protection apparatus was let go with a slap on the wrist.
It's unbelievable that this week saw adults let off when they were involved in young people getting harmed.
If he was to be let off with a fine, then this should have been more commensurate with the total of all losing bets placed on the horses involved.
Lawyers are thought to be within their rights if they inquire whether a prospective juror's conscience would forbid him to enforce the law as it stands: The best-known example is that persons can be let off capital juries if their philosophical objections to the death penalty would keep them from voting to convict even if a crime were proved.
The tension is 1,000-3,000 N and can be adjusted in accordance with the type of fabric to be let off.