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."
separable
lease out
B2 formal separable transitive
To grant the use of property, land, or equipment to someone else in exchange for payment under a formal agreement.
In plain English
To let someone use your building, land, or equipment and charge them money for it, usually with a written contract.
What does "lease out" mean?
2 meanings, ordered from most common to least. Color-coded by CEFR level.
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."
separable
Usage tip
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'.
Words that pair with "lease out"
Natural word combinations native speakers use most often.
property office space equipment land vehicle
How to conjugate "lease out"
The five tense forms you'll use most often.
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
Hear "lease out" in the wild
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Other ways to say "lease out"
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