1. A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment.
2. The term or duration of such a contract.
tr.v. leased, leas·ing, leas·esIdiom:
1. To grant use or occupation of under the terms of a contract.
2. To get or hold by such a contract.
a new lease on life
An opportunity to improve one's circumstances or outlook.
[Middle English les, from Anglo-Norman, from lesser, to lease, variant of Old French laissier, to let go, from Latin laxāre, to loosen, from laxus, loose; see slēg- in the Appendix of Indo-European roots.]
The American Heritage® Dictionary of the English Language, Fifth Edition copyright ©2017 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
The American Heritage Dictionary Blog
Check out our blog, updated regularly, for new words and revised definitions, interesting images from the 5th edition, discussions of usage, and more.
American Heritage Dictionary Products
The American Heritage Dictionary, 5th Edition
The American Heritage Dictionary of Idioms
The American Heritage Roget's Thesaurus
Curious George's Dictionary
The American Heritage Children's Dictionary
The American Heritage Dictionary of Indo-European Roots
The American Heritage Student Grammar Dictionary
The American Heritage Desk Dictionary + Thesaurus
The American Heritage Science Dictionary
The American Heritage Dictionary of Business Terms
The American Heritage Student Dictionary
The American Heritage Essential Student Thesaurus