leasing

Renting, not buying

Leasing is renting property or equipment under a contract for a specified period.

A business might lease office space or vehicles rather than buy them.

The one who leases out is the lessor; the one who leases is the lessee.

We're leasing a car for three years.

The term covers both sides of the transaction—you can lease something you own to others, or lease something from an owner.

occupancy

tenant

One who rents property

tenancy · possession · habitation · dwelling · residence · rent · deposit · furnished · unfurnished · utilities

property

landlord

Property owner renting out

commercial · industrial · office · retail · warehouse · apartment · condominium · townhouse · real estate · zoning

agreement

signing

Inscribing one's name

obligations · renewal · termination · negotiation · amendment · binding · compliance · provisions · stipulations · default

duration

short-term

Of limited duration

interim · temporary · extension · early termination · expiration · commencement · holdover · renewal option · fixed-term · perpetual

finance

capital

Wealth used for investment

amortization · interest rate · monthly payment · down payment · balloon payment · tax deduction · asset · liability · write-off · capitalization

vehicle

car

Wheeled motor vehicle

turn-in · trade-in · dealer · showroom · test drive · manufacturer · fleet · early termination · MSRP · model year

equipment

machinery

Collective mechanical equipment

  • copierMachine reproducing documents
  • printerMachine producing paper copies
  • computerElectronic calculating device

medical equipment · construction equipment · fleet · upgrade · maintenance · service contract · technology · obsolescence · leaseback · vendor

Categories
Opposites
property acquisition method

leasingbuying

Obtaining through payment

purchasing · ownership · owning · acquiring · proprietorship

transaction role

leasingletting

Granting permission or access

renting · hiring · landlording · subleasing · borrowing

Phrases
Family

preleasing

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G