lease

US /lis/

UK /li:s/

B1TOEIC
n.NounContract renting land, buildings, etc. to another
I signed a lease to rent this apartment
v.t.Transitive VerbTo rent; pay money to use something, e.g. car
We want to lease an office near the city
n.NounThe period of time for which a lease is granted.
The company has a long lease on the building.

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