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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 ?
And Dirty Den Watts lets fly with his fists at Tommy after his split from Den's daughter Vicki Watts.
WAYNE LOSS IS UNITED'S GAIN: Superfit Rooney is in shape and in the goals; MAIN MON: Kalou lets fly
MUTU lets fly with a free-kick then scores with the rebound