LEASE, n. [See the Verb.] 1. A demise or letting of lands, tenements or hereditaments to another for life, for a term of years, or at will, for a rent or compensation reserved; also, the contract for such letting.2. Any tenure by grant or permission.Our high placed Macbeth shall live the lease of nature.LEASE, v.t. [Eng. let. See Let.] To let; to demise; to grant the temporary possession of lands, tenements or hereditaments to another for a rent reserved. A leased to B his land in Dale for the annual rent of a pepper corn.LEASE, v.i. leez. [L. lego.] To glean; to gather what harvest men have left. Obs.
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