1 a contract by which property is conveyed to a person for a specified period, usually for rent
2 the instrument by which such property is conveyed
3 the period of time for which it is conveyed
4 a prospect of renewed health, happiness, etc.
a new lease of life
5 to grant possession of (land, buildings, etc.) by lease
6 to take a lease of (property); hold under a lease
(C15: via Anglo-French from Old French lais (n), from laissier to let go, from Latin laxare to loosen)
English Collins Dictionary - English Definition & Thesaurus
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"Collins English Dictionary 5th Edition first published in 2000 © HarperCollins Publishers 1979, 1986, 1991, 1994, 1998, 2000 and Collins A-Z Thesaurus 1st edition first published in 1995 © HarperCollins Publishers 1995"