lease
noun
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a contract granting use or occupation of property during a specified time for a specified payment
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property that is leased or rented out or letrental
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the period of time during which a contract conveying property to a person is in effectterm of a contract
verb
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engage for service under a term of contractrent
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grant use or occupation of under a term of contractrent
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let for moneyrent
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hold under a lease or rental agreementrent