Definition of lease

• v. i. - To gather what harvesters have left behind; to glean.
• v. t. - To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out.
• v. t. - To hold under a lease; to take lease of; as, a tenant leases his land from the owner.
• v. t. - A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
• v. t. - The contract for such letting.
• v. t. - Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.