Definition

The act of renting something, usually property or equipment, for a specific period of time in exchange for payment.

Example

They are considering leasing a new office space for their business.

Conversation

I was reading about the concept of leasing the other day.

Oh really? What did you find interesting about it?

It’s fascinating how it can apply to cars and apartments too.

Yeah, leasing can be a smart way to manage expenses.

Synonyms & Antonyms

Root Explanation

Leasing → It is derived from the verb 'to lease' (from Old French *laisser*, meaning to let or allow) and the suffix '-ing' (indicating the action or process). The word 'leasing' refers to the action of allowing someone to use property or goods for a specified period in exchange for payment.

Memory Tip

Think of 'letting' ('laisser') someone use something for a while — that's what leasing means.

Visually Confused Words