leases
Pronunciation: [liːsɪz]
Word
Context: “real estate”
(noun) a lease is a legal agreement that allows someone to use a property for a certain time. It’s like borrowing someone’s house or apartment for a while. You pay money for the right to live there, but you don’t own it.
Example
They signed a lease for a new apartment downtown.
Example
She didn't want to sign the lease because it had too many strict rules.
Example
What does your lease say about pets in the apartment?
Context: “real estate”
(verb) to lease means to give someone the right to use a property for a certain time, usually in exchange for money. It’s like you are letting someone borrow your house or car, and they pay you for it.
Example
They decided to lease their car instead of buying one.
Example
He didn't want to lease his bicycle to anyone because it was very special to him.
Example
Are you planning to lease out your extra office space?
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