Meaning & use

Leasing

noun·Everyday

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

rentingletting

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

Words with an opposite meaning

owning

Make it your own

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