How Do You Define Lease Definition?
Meaning of Lease Definition: James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of books on trade and technical business by John Willie & Sons and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.
- A lease is a legally binding agreement that sets out the terms under which one party agrees to lease the other party's property.
- A lease guarantees the tenant the use of the property and guarantees regular payments to the owner (owner or owners) for the given exchange.
- Apartment rents are generally the same for all tenants, but there are several types of commercial leases.
- The consequences of breaking a lease can range from mild to dangerous, depending on the circumstances under which the lease was breached.
Literal Meanings of Lease Definition
Meanings of Lease:
An agreement in which one of the parties provides land, goods, services, etc. To the other party for a specified period, usually in exchange for regular payments.
Sentences of Lease
Website rental from a local business
Synonyms of Lease
booking, tenure, contract, leasehold, charter, charge for the use of, sublease, farm out, rent out, rental, hire out, hire agreement, rental agreement, sublet, period of occupancy, let, period of occupation, rent, hire, tenancy, let out
Synonyms of Definition
clearness, resolution, clarity, sharpness, crispness, distinctness, visibility, contrast, focus, acuteness, precision