Lexica → Word → lease
| Letter | L |
|---|---|
| Letter name | el or ell |
| Pronounciation | /ɛl/ |
| Word: | lease |
|---|---|
| Pronounciation: | |
| Century: | |
| DA Name: | |
| Era: | C.E. |
| Origin: | Original |
| Type: | Official |
| Source Language: | Latin |
Source Language Words: | |
| Source Text: | |
Definition: | a transfer of the right to possession and use of goods for a term in return for consideration, but a sale, including a sale on approval or a sale or return, or retention or creation of a security interest is not a lease. |