leased


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Related to leased: lessee, subletting, subleased

leased

rented for a specified time: She leased a car.
Not to be confused with:
least – smallest; slightest degree: That’s the least of her concerns.
Abused, Confused, & Misused Words by Mary Embree Copyright © 2007, 2013 by Mary Embree

lease

 (lēs)
n.
1. A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment.
2. The term or duration of such a contract.
tr.v. 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.

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

leas′a·ble adj.
leas′er n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.leased - hired for the exclusive temporary use of a group of travelers; "a chartered plane"; "the chartered buses arrived on time"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in classic literature ?
By the aid of cunning architects he had first blasted his harbour into shape, then built his hotels and pleasure-palaces, and then leased them to dependants of his who knew the right sort of people, and who knew that it was as much as their lease was worth to find accommodation for teetotal amateur photographers or wistful wandering Sunday-school treats.
Caverly owned farms in Orange County that had been leased out for long periods (the lives of three persons named at the moment the lease was granted) but which were now about to revert to him--such long-term leases, in the Hudson Valley, led to the so-called anti-rent war that was breaking out at the time Cooper wrote this book; twelve and a half cents = an English shilling, still often used in conversation in America; nabobs = rich men (usually businessmen of recent affluence)}
Very slowly these lectures, and the tireless activity of Hubbard, pushed back the ridicule and the incredulity; and in the merry month of May, 1877, a man named Emery drifted into Hubbard's office from the near-by city of Charlestown, and leased two telephones for twenty actual dollars--the first money ever paid for a telephone.
But as this work is chiefly recommended to those who know how to read it, and how to make the good uses of it which the story all along recommends to them, so it is to be hoped that such readers will be more leased with the moral than the fable, with the application than with the relation, and with the end of the writer than with the life of the person written of.
leased 1,700 s/f for writing and producing music for television, theaters and commercials.
The leasing industry agrees with the regulators' current thinking that the right to use a leased asset is an asset and the obligation to pay rent should be capitalized, but there should also be a place for not capitalizing certain leases.
71-283 addressed a situation in which a building owner had leased the property to a tenant.
When insuring leased business personal property, be certain the property leases specifically require the lessee to insure the equipment.
* Lease Certificate of Delivery - The certificate of delivery is often included with leased items when they are delivered to a foreign customer.
Many leases also provide that your company will be responsible for paying all taxes, assessments, filing fees, insurance, and other costs associated with possessing, operating, owning, and leasing the leased equipment.
In an August 20 letter from TEI President Charles Shewbridge, the Institute explained that subsection 136.1(1) was enacted to treat each leasing period as a separate supply to ensure that either GST or HST (harmonized sales tax) was imposed, based on the physical location of the leased good at the beginning of the "leasing interval." Proposed amendments to the subsection would deem the exercise of an option to purchase tangible personal property under a lease to occur at the time and place at which the person begins to have possession as a purchaser.
Bancorp leased a computer for five years under a noncancelable lease.