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leased

Pronunciation: [liːst]

Word

Context: “real estate”

(verb) to rent a property or equipment from someone for a period of time. This means you can use something, like a house or a car, without owning it. You pay money to the owner to use it for a certain time.

Example

They leased a new apartment in the city for a year.

Example

They didn’t lease the house because they wanted to buy it instead.

Example

Have you ever leased a car for a long trip?

Context: “business”

(verb) to allow someone to use something that you own, usually in exchange for money. It’s like lending something important, but the person pays you for using it.

Example

The company leased the printing equipment to a small business.

Example

He chose not to lease his land to the developers this time.

Example

What kind of machinery do you usually lease for projects?

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