Leaser

lease  (ls)

n.

1.

a. A contract granting use or occupation of property during a specified period in exchange for a specified rent.

b. The term or duration of such a contract.

2. Property used or occupied under the terms of such a contract.

v.tr. leased, leas·ing, leas·es

1. To grant use or occupation of under the terms of a contract.

2. To get or hold by such a contract.

Idiom:

a new lease on life

An opportunity to improve one's circumstances or outlook.

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[Middle English les, from Anglo-Norman, from lesser, to lease, variant of Old French laissier, to let go, from Latin laxre, to loosen, from laxus, loose; see slg- in Indo-European roots.]

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leasa·ble adj.

leaser n.