The word "lease" is used when something is rented. A lease is a contract. Typical leasing arrangements involve apartments, houses, cars, and equipment.
In these sentences, the word "lease" is a noun:
In these sentences, the word "lease" is a verb:
When a person survives a serious illness or when the overall situation for a person improves, the expression "lease on life" might be used:
The lease for an apartment should be renewed two to three months before it expires.
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March 27, 2014