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Definition of lease:

  1. 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.
  2. Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.
  3. The contract for such letting.
  4. To gather what harvesters have left behind; to glean.
  5. 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.
  6. To hold under a lease; to take lease of; as, a tenant leases his land from the owner.


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