From WordNet (r) 3.0 (2006):
lease n 1: property that is leased or rented out or let [syn: lease, rental, letting] 2: a contract granting use or occupation of property during a specified time for a specified payment 3: the period of time during which a contract conveying property to a person is in effect [syn: lease, term of a contract] v 1: let for money; "We rented our apartment to friends while we were abroad" [syn: rent, lease] 2: hold under a lease or rental agreement; of goods and services [syn: rent, hire, charter, lease] 3: grant use or occupation of under a term of contract; "I am leasing my country estate to some foreigners" [syn: lease, let, rent] 4: engage for service under a term of contract; "We took an apartment on a quiet street"; "Let's rent a car"; "Shall we take a guide in Rome?" [syn: lease, rent, hire, charter, engage, take]