to make a legal agreement by which money is paid in order to use land, a building, a vehicle, or a piece of equipment for an agreed period of time
When the family first leased the apartment, the rent was very low.
The company decided to lease office space in the city center.
Renters signed a lease agreement outlining terms and conditions.
Leasing equipment can be a cost-effective business strategy.
The lease includes provisions for maintenance and repairs.
