verb
- third-person singular present tense of 'overlet': to rent out (a property) to a tenant at a higher rate than one pays for it, or to sublet.
Usage: chiefly British; real estate/property management context
Examples
- The landlord overlets the apartment to maximize profit.
- She overlets her spare room to international students during the academic year.
- Many property investors overlets units to generate additional income.
- He overlets the commercial space at a premium rate.