lease


Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Acronyms, Idioms, Wikipedia.
Related to lease: Rental lease

lease

1. a contract by which property is conveyed to a person for a specified period, usually for rent
2. the instrument by which such property is conveyed
3. the period of time for which it is conveyed

Lease

An agreement granting permission of a property for a specified time period, usually for a specific amount of rent, without transferring ownership.

lease

[lēs]
(industrial engineering)
Contract between landowner and another granting the latter the right to use the land, usually upon payment of an agreed rental, bonus, or royalty.
A piece of land that is leased.
(textiles)
A means of keeping warp threads in position during weaving and beaming by passing them alternately over and under a set of rods.

lease

A contract transferring the right of possession of buildings, property, etc., for a fixed period of time, usually for periodical compensation called rent.
References in periodicals archive ?
In theory, then--not including discounts--the price of a lease equals the price of a purchase (after calculating the money recouped after a trade-in).
This reluctance stems from the fact that the lessor actually finances the purchase price of the equipment through a nonrecourse loan from (or discounted rental-stream assignment to) a bank or other funding source, which will then take a security interest in the lease, the lease rentals and the equipment.
The lease is a long-term lease (for real estate, more than 14.
When analyzing a lease transaction, it's best to begin by finding out the car's capitalized cost.
Fitch's auto lease ABS rating criteria has remained essentially unchanged as fundamental criteria and methodology remains similar to the original criteria report released in 2000, with updates on industry information and related items.
To provide protection against the uncertain success of a luxury car dealership on the east side of Manhattan, Madison obtained a personal guaranty of the lease from the Millers for the payment of rent up to $1,682,980.
1974, the court held that because a taxpayer had chosen to treat lease revenues as rental income and had consistently done so for a period of years, this regular practice was clearly a method of accounting.
In a typical arrangement, a company (lessee) enters into a lease transaction and classifies it as an operating lease based on a literal reading of FASB Statement no.
At Republic Park 3, the Company signed a new 16,700 square foot lease with In2Books.
The survey, which polled 200 owners, corporate tenants, and lease administrative services providers, offers a snapshot of current practices and issues in the industry.
Most lease transactions provide for the payment by one of the parties of executory costs such as insurance, maintenance and taxes in connection with the leased property.