What do you mean by lease?

What do you mean by lease?

1 : a contract by which one conveys real estate, equipment, or facilities for a specified term and for a specified rent took out a five-year lease on the house also : the act of such conveyance or the term for which it is made. 2 : a piece of land or property that is leased.

What kind of word is lease?

verb (used with object), leased, leas·ing. to grant the temporary possession or use of (lands, tenements, etc.) to another, usually for compensation at a fixed rate; let: She plans to lease her apartment to a friend. to take or hold by lease: He leased the farm from the sheriff.

Where does the word lease come from?

lease (v.) late 15c., “to take a lease,” from Anglo-French lesser (13c.), Old French laissier “to let, let go, let out, leave” “to let, allow, permit; bequeath, leave,” from Latin laxare “loosen, open, make wide,” from laxus “loose” (from PIE root *sleg- “be slack, be languid”).

What dividends means in Arabic?

Translation of “dividend” in Arabic. Noun. عائد مكاسب

Does lease mean rent?

The lease is an agreement between two parties in which one party allows the other party to use and control the asset for a defined period, without actually buying it. It is not exactly same as renting, but a form of it.

What is example of lease?

The definition of lease is to rent property out to someone or to agree to rent someone else’s property. An example of lease is when you rent your apartment out to a tenant. An example of lease is when you decide to rent an apartment to live in. The term or duration of such a contract.

What is the synonym of lease?

Some common synonyms of lease are charter, hire, let, and rent. While all these words mean “to engage or grant for use at a price,” lease strictly implies a letting under the terms of a contract but is often applied to hiring on a lease.

What does lease of life mean?

Definition of a new lease on life : a chance to continue living or to become successful or popular again This medicine gives patients a new lease on life. After the movie was made, the book got a new lease on life.

What does leasing mean in the Bible?

Definition of leasing archaic. : the act of lying also : lie, falsehood.

Is lease and rent the same?

However, the main difference between lease and rent properties lies in the length of the contract. Whereas a lease will cover a longer duration specified in the agreement that is typically more than a year, a rental contract will typically be short-term—usually only a few months.

What is lease in Old English?

From Middle English lesen, from Old English līesan (“to loosen, release, redeem, deliver, liberate”), from Proto-Germanic *lausijaną (“to release, loosen”).

What is a lease in law?

A lease (also known as a tenancy) is a grant by a landlord to a tenant for the right to use land, usually for a specified period of time and in exchange for the payment of rent. This article covers important UK law cases where the courts established the elements of a lease.

What is dividend in business?

Definition: Dividend refers to a reward, cash or otherwise, that a company gives to its shareholders. Dividends can be issued in various forms, such as cash payment, stocks or any other form. A company’s dividend is decided by its board of directors and it requires the shareholders’ approval.

Are dividends profitable?

A dividend is a share of profits and retained earnings that a company pays out to its shareholders. When a company generates a profit and accumulates retained earnings, those earnings can be either reinvested in the business or paid out to shareholders as a dividend.

What is lease of house?

A lease is a legal, binding contract outlining the terms under which one party agrees to rent property owned by another party. It guarantees the tenant or lessee use of the property and guarantees the property owner or landlord regular payments for a specified period in exchange.

What is lease of property?

A lease is an implied or written agreement specifying the conditions under which a lessor accepts to let out a property to be used by a lessee. The agreement promises the lessee use of the property for an agreed length of time while the owner is assured consistent payment over the agreed period.

How do leases work?

Leasing allows you to drive a car without actually buying it or paying a huge sum. When you lease a car, you only have to pay regular monthly instalments for as long as you keep the car. These instalments include the cost of the vehicle, insurance, maintenance, applicable taxes and other recurring costs.