leased

Everyday

1. (money, law) Leased means rented under a written agreement for a fixed time, such as a house, car, office or land. tree →
2. To have leased something out means to have let someone else use it in return for money. tree →

In the lessons

Adult life and money lessons: a leased car, a leased flat, land leased to a farmer. It tells the reader the user pays but does not own it.

Examples

• The family leased a flat for two years. tree →
• The farmer leased the field to his neighbour. tree →
• Dad drives a leased car from his work. tree →
• The shop is in a leased building. tree →
• The council leased the old hall to a dance club. tree →
• They leased the boat for the summer. tree →

Note

Base: lease (a lease = the agreement). Say «leest». The person who owns and lets is the landlord or lessor; the one who pays is the tenant or lessee.