Meaning & use
Leasing
Last updated
The practice of renting property, equipment, or vehicles to someone else under a formal agreement for a set period.
See it in a sentence
The company saves money by leasing its delivery trucks instead of buying them.
Leasing an apartment usually requires a security deposit and a signed contract.
A note on using this word
"Leasing" is the gerund of "lease," from the Old French 'lais,' meaning "a leaving" or "letting go" of property to another for a time.
Words with a similar meaning
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Words with an opposite meaning
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