noun
- the practice of renting property, equipment, or vehicles for a specified period in exchange for regular payments
Usage: business term
verb
- present participle of lease; renting out or renting property, equipment, or vehicles
Examples
- Car leasing has become popular among young professionals.
- The company specializes in equipment leasing for small businesses.
- They are leasing their downtown office space to a tech startup.
- Leasing a car often requires lower monthly payments than buying.
- The landlord is leasing the apartment for $2,000 per month.
- Many businesses prefer leasing computers instead of purchasing them.
- The leasing agreement includes maintenance and insurance costs.