student asking question

What does "lease" mean?

teacher

Native speaker’s answer

Rebecca

Here, "lease" is a verb that means paying for a room, building, or place to be able to use it but not to own it, such as renting. This agreement can also be called a "lease" as a noun. Ex: We leased our house out to a family last year. Ex: The lease will expire at the end of the year. => agreement or contract

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