lease meaning

lease means 'to rent something for a period of time'.

lease :

rental agreement, contract

noun

▪ We signed a lease for the apartment.

▪ We signed a rental agreement for the apartment.

▪ The lease ends in December.

▪ The rental contract ends in December.

paraphrasing

▪ rental – lease

▪ contract – agreement

▪ agreement – contract

▪ tenancy – rental

lease :

to rent, to let

verb

▪ They lease the office space.

▪ They rent the office space.

▪ We will lease a car for the trip.

▪ We will rent a car for the trip.

paraphrasing

▪ rent – lease

▪ let – allow to rent

▪ hire – rent

▪ sublet – lease to another

Pronunciation

lease [liːs]

The stress is on the whole word and sounds like 'lees'.

Common phrases and grammar about lease

lease - Common meaning

noun
rental agreement, contract
verb
to rent, to let

Part of Speech Changes for "lease"

▪ leasing (noun) – the act of renting

▪ leaser (noun) – one who leases

Common Expressions with "lease"

▪ sign a lease – agree to a rental contract

▪ lease agreement – rental contract

▪ lease term – rental period

▪ lease renewal – extending a lease

Important examples of lease in TOEIC

Vocabulary examples from the TOEIC test

In TOEIC vocabulary questions, lease often means a rental contract for property or equipment.

▪The company signed a lease for new office space.
▪The company agreed to rent new office space.

Example of a confusing word: lend (to give temporarily)

▪The company signed a lend for new office space.
▪The company agreed to give new office space temporarily.
"Lease" is a noun or verb referring to a contract granting use or occupation of property or equipment for a specified time in exchange for payment. In the sentence "The company signed a lease for new office space," it is used correctly as a noun. "Lend," however, is a verb meaning "to give something temporarily," and it is not used to describe rental agreements. The sentence "The company signed a lend" is grammatically incorrect because "lend" cannot be used as a noun in this context. Therefore, "lease" is the correct choice.

Grammar examples from the TOEIC test

Lease is used as both a noun and a verb, often in grammar questions to distinguish between them.

▪They will lease the equipment for two years.
▪They will rent the equipment for two years.

lease

Idioms and fixed expressions in TOEIC

lease agreement

'rental contract', used in business or property contexts.

▪We need to review the lease agreement.
▪We need to look at the rental contract.

long-term lease

means 'a rental for a long period', often used in real estate.

▪They signed a long-term lease for the building.
▪They agreed to rent the building for a long time.

Differences between similar words and lease

lease

,

rent

differences

Lease is often used for formal agreements, while rent can be more casual or short-term.

lease
▪We signed a lease for the office.
▪We signed a rental contract for the office.
rent
▪We rented a bike for the day.
▪We paid to use a bike for the day.

lease

,

hire

differences

Lease is used for property or equipment, while hire is often used for vehicles or people.

lease
▪They will lease a car for the trip.
▪We paid someone to drive for the day.
hire
▪We hired a driver for the day.
▪We paid someone to drive for the day.

Words with the same origin as lease

The origin of lease

lease comes from the Old French 'laisser', meaning 'to let go' or 'to leave', and evolved to mean renting.

Word structure

The word's composition is unclear.

Words with the same origin

The word's root is unclear or difficult to confirm.

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