lease out
B2 formal separable transitive
In simple words
To let someone use your building, land, or equipment and charge them money for it, usually with a written contract.
Meanings
1 B2 formal
To formally rent property, land, or equipment to a tenant or lessee under a lease agreement.
"The company decided to lease out its unused warehouse space to a logistics firm."
Grammar: separable
2 C1 formal
To grant a licence or rights (e.g., mineral rights, broadcasting rights) to a third party.
"The government leased out drilling rights to three energy companies."
Grammar: separable
Usage notes
Used in legal, business, and real estate contexts. More formal than 'rent out'. The object can be placed between 'lease' and 'out' or after 'out'.
Commonly used with
property office space equipment land vehicle
Forms
Base
lease out
I/you/we/they
3rd person
leases out
he/she/it
Past simple
leased out
yesterday
Past participle
leased out
have + pp
-ing form
leasing out
continuous
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Synonyms
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