Lease /(lēz)/

1. To gather what harvesters have left behind; to glean. [Obs.]

imp. & p. p. Leased; p. pr. & vb. n. Leasing

1. To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out.

   There were some [houses] that were leased out for three lives.

2. To hold under a lease; to take lease of; as, a tenant leases his land from the owner.

1. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer;
2. The contract for such letting.
3. Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.

   Our high-placed Macbeth Shall live the lease of nature.