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.